Pace Appoints its First Chief Strategy Officer

UK set-top box/digital TV technology provider, Pace, has named Scott Sheldon to the newly created position of chief strategy officer, tasking him with driving development of its "future strategy in the global market for digital TV technology." Sheldon joins Pace from N M Rothschild & Sons, where he was a director and the global head of technology investment banking, covering, the company says, hardware, software, services and semi-conductor clients on a global basis. Prior to that, he founded and served as CEO of eMed, a US-based provider of network-based electronic medical image management software and Internet services. "I'm delighted Scott is joining the Pace team as we work to explore new opportunities for our technology and expertise," Pace CEO, Neil Gaydon, said in a prepared statement. "Scott has worked with Pace over a number of years--he advised on our Pace France acquisition last year where he brought into play his excellent sector and M&A knowledge, which when combined with his US commercial background and European and Asian experience, makes him ideally placed to explore Pace's future strategic options." Added Sheldon: "Pace has experienced significant growth over the last three years and is very well placed to take advantage of changes occurring in its large, global and growing markets. I look forward to joining the Pace team and leading the group's strategic development effort."