For broadcasters worldwide, the name Xytech is probably the leading name in the advanced software used to manage media and broadcasting industries. Now there’s been a significant change at the top with the appointment of Keith Buckley as the company’s new president and CEO, succeeding Xytech’s founder Richard Gallagher who has now shifted into an advisory role with the company’s board.
This change at the top was signaled when Xytech was acquired by Banneker Partners, back in December 2021 as reported here. With Buckley at the helm, this move is intended to position Xytech so that the company can significantly enhance its commitment to product innovation and boosts its mission to drive visibility, efficiency and automation in the media and broadcast markets.
Since the acquisition, Banneker immediately set about implementing enhancements to Xytech’s operational capabilities to speed up the implementation of the advanced functionality that Xytech says its customers need and to enable the company to scale to meet continuing demand for its MediaPulse platform. The appointment of Buckley is an indication of Banneker’s commitment to Xytech, its employees and worldwide customer base.
Buckley has been a leader of high-growth companies for private equity sponsors and international corporations across a plethora of tech industries, with a focus on media and network software and services. Most recently, Buckley served as the CEO of Federos, an AI-optimized analytics and automation software solutions provider for complex networks that was recently sold to Oracle. He previously served as President and CEO of The Switch Enterprises, a leader in content production and delivery services for streaming and broadcast networks around the world. Before this, he was President and CEO of ASC Signal Corporation, Trusonic and InSight Telecommunications Corporation, among other media industry-leading companies.
“I’m joining Xytech as the company is poised for significant growth, and look forward to leveraging Xytech’s highly skilled team, strong base of product offerings, long history of core successes and its world-class customer base,” Buckley said. “The investments we’re planning and will execute upon in the immediate future will substantially increase Xytech’s value across the media and broadcast industries, creating an exciting environment for our team, our owners and — especially — our customers.”
Meanwhile, Xytech’s founder Richard Gallagher commented on Buckley’s appointment: “When I started Xytech almost 40 years ago, I couldn’t have imagined the impact Xytech would have on the industry. I’m incredibly grateful to my staff across the company’s history and our amazing customers. Being of service to this community has been a deeply rewarding experience. I look forward to transitioning my responsibilities to Keith, whose background makes him a great steward of the business going forward and working with Banneker in the strategic advisory role.”
More info: xytechsystems.com