Livestream, the world’s only end-to-end livestreaming solutions provider, announced today that cofounder Mark Kornfilt will take over as the company’s Chief Executive Officer effective May 8th. He will replace Jesse Hertzberg who is exiting the company.

As a cofounder, Kornfilt has played a prominent role in establishing Livestream as the preeminent player in the B2B livestreaming arena. Throughout his tenure with the company, he has been involved in all aspects of the business, including leading engineering and product.

“We started the company ten years ago with the vision of a world where every event can be experienced live online,” said Kornfilt. “In the last year, both the ecosystem around us and our products have evolved to bring us closer to achieving this vision than ever before. Our tools, cloud platform, and professional services provide a comprehensive solution. Whether an organization is getting started in the livestreaming journey using our Mevo camera, the world’s first live event streaming camera, or they are producing multi-camera live video content for distribution to their website, Facebook Live, YouTube Live, and Twitter.”

Christian Munafo, a Livestream board member and Managing Director at HQ Capital, added: “This is an exceptional time for Mark to become Livestream’s new CEO. In Mark we have selected a very strong leader at a time when Livestream is continuing to shape the future of the livestreaming industry. Mark’s vision, strategy, and execution are exactly what Livestream needs as we enter our next chapter of growth, innovation, and disruption.”

The livestreaming market has grown faster over the last 18 months than the previous eight years combined. With its robust portfolio of end-to-end products and preeminent level of services, Livestream is the only company that can truly act as the single point of contact for businesses that need a livestreaming solution. This unique value proposition has helped the company garner business from some of the biggest corporations, marketers, advertising agencies, government organizations, and professional sports leagues.

In addition to further accelerating the growth of Livestream’s core product suite, Kornfilt will focus on expanding the company’s recent launch of its groundbreaking Mevo live event camera, which is expected to create an even larger opportunity for the company as it continues to play a leading role in the livestreaming social revolution.

“I am excited to lead the extremely talented Livestream team through this next chapter,” said Kornfilt. “I want to thank our customers, partners, and investors for their trust and commitment to the business.”