Michael Hoover appointed as new Cakewalk president

Cakewalk founder Greg Hendershott resigns after 25 years with the company, explaining in a farewell letter to customers his need to “try something meaningfully different.”
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Michael Hoover has been named president of Cakewalk following Greg Hendershott’s resignation as the company’s chief executive officer. Hendershott founded Cakewalk in 1987, and explained his decision to retire in a letter to Cakewalk customers: “As I approached that 25th anniversary, I took time to reflect. If I'm lucky enough to have another 10 or 20 years of productive life, would I probably want to try something meaningfully different?”
“I also considered what would be positive for the company. New leadership can preserve the best of a company's culture and values, while also bringing new energy and ideas. The organization can benefit tremendously.” As of 1 July, 2012 Hoover will assume primary responsibility for all day-to-day company operations. He joined Cakewalk in 1998, as product manager and in 2002, joined the management team as vice president of products and marketing. Prior to his appointment as president, he became head of engineering as executive vice president of products. “Greg has made immense contributions to the success of Cakewalk. After 25 years, he felt the time was right for a change. We thank Greg for his leadership over the years and wish him all the best,” said Hoover. Hendershott will remain available as a consultant to support a smooth transition. “I'm confident that Michael is the president Cakewalk needs for its many years ahead,” he said. In addition to serving as president of Cakewalk, Hoover will also become a member of the board of directors. www.cakewalk.com

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