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Brightcove Co-Founder Jeremy Allaire Will Step Down As CEO, David Mendels To Take Over

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http://techcrunch.com – Brightcove co-founder Jeremy Allaire (pictured) plans to step down from his role as CEO, according to the online video distribution company’s fourth-quarter earnings report. Allaire will continue to serve as CEO during the “transition period” — namely, the first quarter of the year. He will then become executive chairman of the board, where the company says Allaire will “continue to be actively involved in the company’s strategic planning, product development and key customer relationships.” David Mendels, who’s currently the company’s presiden (IT news)