Concurrent, a global leader in unified content delivery, video analytics, and real-time Linux solutions, today announced that industry leader Derek Elder is joining Concurrent to assume the role of chief executive officer, effective November 21, 2014.  He will also join the board of directors.  Elder succeeds Concurrent's current CEO, Dan Mondor, who has served in that role since April 2008.   

Mr. Elder has broad industry experience, most recently serving as Senior Vice President and General Manager of the DOCSIS & Multiservice Gateway business units at ARRIS Group, Inc. (NASDAQ: ARRS).  He has also held a number of other leadership positions at ARRIS in sales, product management and marketing in his 10 year tenure.  Prior to ARRIS, Mr. Elder was a technology and business leader at Tropic Networks, Cisco Systems and Narad Networks, Inc.  

Steve Nussrallah, Concurrent's chairman of the board, stated, "We are pleased to welcome Derek to Concurrent.  He brings a wealth of industry experience as well as tremendous leadership experience to the role and we look forward to his focus on accelerating growth in our businesses."  Nussrallah went on to say, "We thank Dan Mondor for his contributions over the past six years, including the introduction of new multi-screen software solutions, expanding Concurrent's customer base, and achieving profitability over the last eleven consecutive quarters."

"I am honored to join Concurrent as CEO," Derek Elder said. "I am looking forward to helping drive profitable growth, breakthrough innovation, and solutions that help our customers achieve competitive advantage."

Mr. Elder received a Bachelor of Science degree from the University of Maryland University College and a Master of Business Administration from The Pennsylvania State University.