Manchester tech firm Dyn names new CEO
MANCHESTER — Dyn, a Millyard high-tech company, announced Thursday that Colin Doherty is its new chief executive officer.
Doherty joins the company after 10 years holding CEO positions at BTI Systems and Arbor Networks, according to a statement from Dyn, an internet performance management company.
“Doherty’s proven ability to drive business transformation and growth, as well as building high performance teams, will accelerate Dyn’s continued leadership in the IPM market,” the company said.
Jeremy Hitchcock, the West High School graduate who co-founded the company, resigned as CEO in May shortly after Dyn announced it had brought in $50 million in investment from the venture capital firm Pamplona Capital Management.
“I’ve done a nice and effective job of getting the company from A to B, but now I’m thinking about helping the company get from B to C,” Hitchcock told the website TechCrunch.com at the time.
Dyn employs more than 400 people, including 350 in New Hampshire. The company operates offices in England and Singapore and also has employees working remotely in Chicago, Dallas, San Francisco, Seattle and other U.S. cities.
Doherty said he is excited to lead the company's next chapter.
"Today, every business is an internet business and poor performance has a direct impact on the bottom line," Doherty said in a prepared statement. "Dyn’s impressive technology has the capabilities to provide unique insights and optimize internet performance.”