Atomos Names Peter Barber CEO as Jeromy Young Steps Down but Stays on Board

Leadership Transition at Atomos

Atomos Limited (ASX: AMS) has announced a significant executive leadership change as it positions itself for the next phase of growth in the competitive video production technology sector. Peter Barber, who joined Atomos as Chief Operating Officer in February 2024, will assume the role of Chief Executive Officer effective 3 May 2025. He succeeds Jeromy Young, the company’s co-founder and long-serving CEO, who will step down from his executive role but continue to contribute as a Non-Executive Director on the board.

This transition marks a pivotal moment for Atomos, reflecting a strategic evolution as the company seeks to leverage Barber’s extensive operational expertise and industry knowledge. Barber’s background includes co-founding Blackmagic Design and leading major mergers and acquisitions, experience that aligns well with Atomos’ ambitions to expand its market presence and innovate within the global video production landscape.

Strategic and Operational Implications

The decision to eliminate the COO position as Barber steps into the CEO role signals a streamlined leadership structure aimed at reducing costs and enhancing agility. Barber himself highlighted that the restructuring will deliver material cost savings, an important consideration amid fluctuating external factors such as tariffs in the US market. This leaner executive framework is designed to foster a more resilient organisation capable of navigating dynamic market conditions.

Jeromy Young’s continued involvement as a Non-Executive Director ensures that Atomos retains the strategic vision and institutional knowledge that have underpinned its growth since inception. Young’s leadership has been instrumental in taking Atomos public and steering it through multiple innovation cycles. His endorsement of Barber as successor underscores confidence in a smooth leadership handover and continuity of purpose.

Looking Ahead: Growth and Innovation

Under Barber’s leadership, Atomos aims to capitalise on its pioneering technology in video monitoring, recording, and content creation tools. The company’s global footprint spans Australia, the USA, UK, Germany, China, and Japan, positioning it well to tap into diverse markets. Barber expressed optimism about expanding into new segments and driving broader innovation, building on the solid foundation laid during the past year’s restructuring efforts.

Chairman James Joughin praised both executives, highlighting the importance of this leadership evolution in sustaining Atomos’ competitive edge. The company’s focus on operational excellence and strategic growth initiatives will be critical as it navigates the challenges and opportunities ahead in a rapidly evolving industry.