Bill Collis to Remain at Company as President and Board Member

The Foundry named Alex Mahon, former CEO of British production-company conglomerate Shine Group, its new Chief Executive. Mahon replaces Bill Collis in the post, but Collis will remain on board full time as president and a member of the board of directors.

"Having spent the last 20 years working in both technology and creative industries, I'm thrilled to be joining The Foundry because of the opportunity for dynamic change and rapid groth," Mahon said in a prepared statement. "The pace of change in technology combined with The Foundry's well-deserved reputation for cutting-edge software and passion for the creative process allows us almost limitless opportunities for growth."

The move comes a few months after The Foundry was purchased by London private equity firm HgCapital from its previous owner, Washington, D.C.'s Carlyle Group. Mahon departed Shine Group late last year as it was being merged with Endemol.

Mahon is a physicist with a PhD from Imperial College London, where she worked in cancer research, and has held positions at Talkback Thames, FremantleMedia, and RTL Group.