New York, NY (May 26, 2017)—Ty Ahmad-Taylor has stepped down as president CEO of THX, the company announced, and is now product marketing VP of global marketing solutions at Facebook.
Min-Liang Tan, co-founder of THX parent Razer, will be CEO of both companies. THX was acquired by Razer in October, 2016. Ahmad-Taylor joined THX in November 2015 to ensure healthy operations through the acquisition and transition process, according to the company, and he had reached the end of his contract.
THX chief technology officer Scott Francis, brought on as the first new hire after the merger, will continue in his role, as will Bill Rusitzky as chief revenue officer.
In a statement, Tan said: “We courted Scott Francis in advance of closing (the THX purchase), and hired him immediately thereafter. Scott is well-equipped as CTO to grow the business from a technology perspective, and he has a remarkable team that we organized with Ty’s assistance, which includes Bill Rusitzky and Laurie Fincham. We look forward to seeing what Ty does in his new role at Facebook and we certainly wish him success.”
THX is a developer of A/V standards. It was founded by filmmaker George Lucas in 1983 but was later spun off.
This article originally appeared on TWICE asTy Ahmad-Taylor Steps Down As THX CEO.