Edgio Inc. (NASDAQ: EGIO), a leading edge computing platform, announced today that it has appointed Todd Hinders as its new CEO and board member, effective immediately. Hinders replaces Bob Lyons, who has stepped down from his roles as President, CEO, and board member.

Hinders has been with Edgio since May 2023 as the Chief Revenue Officer. He has a 25-year experience in building and growing cloud, security, edge, and media platform businesses. He previously worked for AWS Elemental, Cisco Systems, and other technology firms.

Kenneth Traub, Chairman of the Board of Edgio, thanked Lyons for his service and expressed his confidence in Hinders’ leadership. He said that Hinders will bring discipline and energy to Edgio, which had a challenging year in 2023.

Hinders said that he is excited to lead Edgio at this transformative time. He said that Edgio is optimizing its global edge-network, expanding its customer base, reducing its operating expenses, adding world-class talent, and strengthening its balance sheet. He said that he and his team are committed to building a world-class company and delivering customer success and shareholder value.

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