With Added Investment, Xytech Appoints a New CEO

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CHATSWORTH, CALIF. — It’s renown for its media and broadcast industry resource management software. Now, the company has a new President/CEO — and he replaces the company’s founder.


Keith Buckley is now the leader at Xytech, which was acquired by Banneker Partners at the end of 2021.

This means that Xytech founder Richard Gallagher will now advise the company’s board — as envisioned when the deal with Banneker was struck.

“With Buckley at the helm, this move positions Xytech to significantly enhance its commitment to product innovation and operational excellence in its mission to drive visibility, efficiency and automation in the media and broadcast markets,” the San Fernando Valley-based company says.

Since the acquisition, Banneker immediately began implementing enhancements of Xytech’s operational capabilities to speed the delivery of functionality essential to Xytech’s customers and allow the company to scale to meet continuing high demand for its MediaPulse platform. The addition of Buckley to lead these efforts confirms Banneker’s commitment to Xytech, its employees and its worldwide customer base.

Buckley was most recently CEO of Federos, an AI-optimized analytics and automation software solutions provider for complex networks that was recently sold to Oracle. He previously served as President/CEO of The Switch Enterprises, a content production and delivery service provider for streaming and broadcast networks. Before this, he was President/CEO of ASC Signal Corporation, Trusonic and InSight Telecommunications Corp., among other companies.

“I’m joining Xytech as the company is poised for significant growth, and look 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.”

Gallagher commented, “When I started Xytech almost 40 years ago, I couldn’t have imagined the impact Xytech would have on the industry. I’m incredibly grateful to my staff across the company’s history and our amazing customers. Being of service to this community has been a deeply rewarding experience. I look forward to transitioning my responsibilities to Keith, whose background makes him a great steward of the business going forward and working with Banneker in the strategic advisory role.”

 

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