In 1956, Ampex engineers created the world's first rotary head recorder, the VR-1000 videotape recorder. Poniatoff served as president of Ampex until 1955, when he was elected chairman of the board.
In 1956, Ampex engineers created the world's first rotary head videotape recorder, the VR-1000.  Poniatoff led Ampex as president until 1955, when he became chairman of the board.