Page 20: of Marine Technology Magazine (July 2023)

ROV INTERVIEW CHRIS GIBSON, CEO, VIDEORAY

CEO in Focus: VideoRay’s Chris

GIBSON

About ? ve years ago, with a plethora of low-cost ROV manufacturers entering the market, VideoRay had a decision to make: sell higher volumes of lower cost units, or switch gears and sell fewer, higher cost units. Leadership chose the latter, a decision that has paid off handsomely with annual revenue growing 20-60% per year each of the last four years, driven by

MARINE

TECHNOLOGY military/government sales. Marine Technology TV recently sat

TV

Watch the full interview down with Chris Gibson – a 20-year veteran of the company with Chris Gibson, CEO,

VideoRay, https://youtu.

be/p5EefJFm4_0 who recently ascended to the CEO seat – for his insights on the pace and direction of VideoRay and the ROV market at large.

By Greg Trauthwein 20 July/August 2023

MTR #5 (18-33).indd 20 7/27/2023 8:24:07 AM