TV technology company Xstream has named Simon Høgsbro as its new CEO, replacing Frank Thorup, who is stepping down after 15 years.
over on March 16. Prior to joining Xstream, he led New Zealand-based VoD service Lightbox’s incubation from its strategy and business planning phase to launch. Lightbox marked service provider Spark New Zealand’s entry into the OTT SVoD space, set up as a standalone business selling to all New Zealand ISP customers.
Thorup, who founded Xstream in 1999 will continue as Director Xstream Americas where he will continue to build and strengthen the company’s brand and presence in the North and South American markets, according to the company.
“It is a great feeling to see a company like Xstream evolve the way it has. I am pleased that we have been able to attract Simon to the position as CEO for Xstream. Simon has a long and impressive career in various tier 1 companies behind him and recently had remarkable success in his responsibility for the launch of Spark New Zealand’s OTT SVOD service, Lightbox. Now with Simon joining as the new CEO of Xstream, I’m thrilled to get the opportunity to take my family and move to the USA and contribute to further growth and expansion of our operations as Director for Xstream Americas. I’m looking forward to creating an even stronger footprint in the American market as the region is a key focus for Xstream, a market that we believe we can add significant value to”. Said Frank Thorup, founder and CEO at Xstream.