William P. Benac

Executive Vice President and Chief Financial Officer

Bill Benac is responsible for the Grass Valley Group's global financial, legal, and administrative affairs.

Benac brings more than 25 years of experience in domestic and international finance and operations to his position at the Grass Valley Group. Prior to joining the Grass Valley Group in 2000, he spent six years as group executive and corporate vice president and treasurer of Electronic Data Systems (EDS) where he helped execute that company's $22 billion spin-off from General Motors (the largest corporate spin-off to that date).

Benac also had P&L responsibility for EDS' four leasing companies. Earlier, he spent 17 years in various financial capacities with GTE Corporation (now Verizon) including assistant corporate controller, head of capital markets, treasurer of GTE International, and president of GTE Finance Corp. Benac has five years of experience as CFO or CEO in manufacturing, banking, and retailing turnarounds leading to three highly successful IPO's.

Benac holds BA and MBA degrees from Brigham Young University and a JD in Corporate Law from Pace University in New York. He is a Certified Public Accountant, one of the nation' first Certified Management Accountants, and a member of the Bar in New York and Connecticut.

Benac is a member of the National Advisory Counsel of the Marriott School of Management, the Dallas Arboretum and Botanical Society, and the Pathway Center for Rehabilitation in Madras India. He is the current president of the Texas International Theatrical Arts Society. In 2000, Benac was named the "Business Leader of the Year" by Brigham Young University - Idaho.

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