Krall leaving Avid

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Avid Technology announced that President & CEO David Krall will exit at the end of this month, with board member and former chairman Nancy Hawthorne taking over as interim CEO of the digital media tech company while the board looks for a permanent successor. Krall joined Digidesign, a division of Avid, in 1995 and became COO of that division in 1998. The following year, Krall was named President of Avid, and in April 2000 he was promoted to CEO.