Concurrent Appoints Elder as CEO

Concurrent, channel-friendly provider of commercial video services, has appointed Derek Elder at CEO.

Elder, who replaces Dan Mondor in the position, will also join the board of directors.

Elder has broad industry experience, most recently serving as senior vice president and general manager of the DOCSIS and Multiservice Gateway business units at ARRIS Group. He has also held a number of other leadership positions at ARRIS in sales, product management and marketing in his 10-year tenure.  Prior to ARRIS, Elder was a technology and business specialist at Tropic Networks, Cisco Systems and Narad Networks.

“We are pleased to welcome Derek to Concurrent.  He brings a wealth of industry experience as well as tremendous leadership experience to the role and we look forward to his focus on accelerating growth in our businesses,” said Steve Nussrallah, Concurrent’s chairman of the board. “Nussrallah went on to say, “We thank Dan Mondor for his contributions over the past six years, including the introduction of new multiscreen software solutions, expanding Concurrent’s customer base, and achieving profitability over the last eleven consecutive quarters.”

Elder received a Bachelor of Science degree from the University of Maryland University College and a Master of Business Administration from The Pennsylvania State University.

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