COVID Stimulus Watch Parent Company Summary

Parent Company Name:
Avid Technology
Grant Total: $0
Face Value of Loans Total: $7,800,000

Parent Company Data

Ownership Structure: publicly traded (ticker symbol AVID)
Headquartered in: Massachusetts
Sector: information technology
Industry: digital media services
Employees (prior to pandemic): 1,429

Parent Accountability Issues Since 2010

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Ratio of CEO Pay to that of Median Worker: 8.1 to 1
CEO Compensation: $713,828
Worker Median Pay: $88,247
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Total Federal, State, and Local Subsidies: $648,433
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Individual Award Records

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State:MA
Grant Amount:
Face Loan Amount:$7,800,000
Contract Amount:
Award Date:Apr 28, 2020

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