News

Digital signage provider BroadSign shuffles executive team, lands new banking partner

Digital signage software and solutions provider BroadSign International LLC today announced that the company Board of Managers has appointed Burr Smith, president of BroadSign's main shareholder, Jedfam, as chairman and CEO.

July 15, 2014

Digital signage software and solutions provider BroadSign International LLC today announced that the company Board of Managers has appointed Burr Smith, president of BroadSign's main shareholder, Jedfam, as chairman and CEO. Former CEO Brian Dusho will take on the position of BroadSign's vice chairman, according to the announcement.

The executive reshuffling coincides with the company's announcement that it has secured a line of credit from Silicon Valley Bank, an American-based high-tech commercial bank that targets industries such as software and hardware, according to the announcement.

"As BroadSign plans to take on new initiatives in this period of unprecedented growth, I believe it is time to fully invest my attention into the company," Smith said in the announcement. "I am proud that the structural and financial foundation of BroadSign has enabled the corporation to raise capital solely on the power of its earnings. The business has reached a point where it can stand on its own two feet, debt-free, profitable and well-financed for future endeavors."

Dusho said in the announcement that he was "excited" that the company's accomplishments during his tenure as CEO led BroadSign to this "momentous deal" and looks forward to "further developing other key initiatives that will assist in driving the value and market share of BroadSign."