(SPRT) Appoints Rick Bloom Interim President and CEO

October 31, 2016 4:18 PM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here., Inc. (NASDAQ: SPRT) today announced that its Board of Directors has appointed Rick Bloom, a member of’s Board of Directors since June 2016, as interim President and Chief Executive Officer. Mr. Bloom succeeds Dr. Elizabeth Cholawsky who has resigned her position as's President and CEO, effective immediately.

"The Board is thankful for Elizabeth’s service to the Company over the past two years," said Josh Schechter, Chairman of the Board. "We understand and support her decision to step down and wish her well in her future endeavors."

"We are pleased that Rick Bloom has agreed to step into the interim President and CEO role," Mr. Schechter added. “Rick brings to the Company deep operating and leadership experience, financial management knowledge and a broad business perspective.”

Dr. Cholawsky said, "It has been an enormous privilege to have led during this period of important change. As I look ahead to the next chapter in my life, I wish the team great success in the future."

Mr. Bloom is a seasoned operating executive with over twenty-five years of successful financial, operating and board experience. Mr. Bloom has served in a variety of senior leadership roles including that of CEO, President and COO with companies in a wide variety of industries.

“I welcome the opportunity to work more closely with the team at and I am excited about taking on this new role in the Company,” Mr. Bloom said. “I look forward to working with the entire community.”

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