Wallace has over 30 years of experience in tier 1 video and media organisations, across operations, and sales, with what Linius says is an extensive understanding and experience in technology, television and broadcasting industry.
Wallace most recently served as President & Chief Executive Officer of Deluxe Entertainment Services, the Media & Entertainment Industry’s century-old post production and video distribution services company.
Since retiring from Deluxe Entertainment Services last year, Wallace has been active in the startup investment community as well as continuing on the board of directors of Avid Technology, which he joined as an Independent Director in 2017.
Linius Executive Chairman, Gerard Bongiorno, said, “The appointment of John Wallace adds a wealth of global tier 1 experience and is a major coup for Linius as we productise Linius for specific uses cases and move to expand our commercialisation globally”.
“We are confident that John’s appointment to the Linius Board which will be rewarding for John and our stakeholders, and the Linius Board, management and staff are delighted to welcome him to the company.”
Linius says Wallace will be remunerated in equity rather than cash, subject to shareholder approval “which will be sought as soon as practicable”.