Xytech announced Monday the appointment of Keith Buckley as the new chief executive of the technology company.
Buckley takes over from Richard Gallagher, the founder of Xytech, a Chatsworth provider of resource management software to the media and broadcast industries.
With Buckley at the helm, Xytech is positioned to enhance product innovation and operational excellence in the media and broadcast markets, the company said in a release.
He joins the San Fernando Valley firm at a point where it will see growth and he looks forward to leveraging Xytech’s highly skilled team, strong base of product offerings, long history of core successes and its world-class customer base, Buckley said.
“The investments we’re planning and will execute upon in the immediate future will substantially increase Xytech’s value across the media and broadcast industries, creating an exciting environment for our team, our owners and – especially – our customers,” he added in a statement.
Prior to his appointment at Xytech, Buckley had been chief executive of Federos, an artificial intelligence-optimized analytics and automation software products provider for complex networks that was sold in December to Oracle Corp. in Austin, Texas.
Gallagher will now advise the company’s board as envisioned when Xytech was acquired in December by Banneker Partners, a San Francisco private equity firm specializing in software companies.
“I’m incredibly grateful to my staff across the company’s history and our amazing customers,” Gallagher said in a statement. “Being of service to this community has been a deeply rewarding experience.”