Videopro founder and director, Shane Leaney has made the decision to step down and sell his stake back into the company, 41 years after establishing the business.

Videopro remains in the hands of long-term shareholders and Videopro employees, Cameron Douglas of 15 years, Jason Derry of 25 years and Ian Wright of 35 years.

Videopro CEO, Cameron Douglas told Appliance Retailer, “Shane’s decision marks a milestone in both the company that he built from the ground up and the industry that he helped develop. Videopro is responsible for a lot of firsts and this culture began with Shane’s approach to providing cutting-edge new audio visual technology.

Shane Leaney in the 1990s.

He added: “Examples include the first VHS players in the early 80s and having the first video library in Queensland to commercial application in broadcast and production, room control, video conferencing and projection.”

Leaney announced his departure at this year’s Videopro Awards Night held at Victoria Park in Brisbane on 5 November.

It was the first formal Awards Night since 2019, following an informal event in 2020 due to Covid restrictions.

The group of winners at the Videopro Awards Night.

“Our Awards Night celebrates individuals, teams and projects from across the entire business. There was a big group of winners this year, which is a great reflection of our wonderful team and their performance in FY21,” Douglas said.

Feature image: Videopro executive directors (L to R): Jason Derry, Cameron Douglas, Shane Leaney and Ian Wright celebrating 40 years of Videopro.