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Immerson Corp.'s (IMMR) CEO Richardson Resigns; Viegas to Act as Interim CEO

October 21, 2009 9:20 AM EDT
IMMR Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: -120.0%
Immersion Corporation (NASDAQ: IMMR) announced that Clent Richardson has resigned, effective immediately, as Chief Executive Officer and a member of the Immersion Board of Directors to pursue other interests.

The Board appointed Victor Viegas, a member of Immersion's Board of Directors and former Chief Executive Officer of Immersion, to serve as interim Chief Executive Officer.

"We would like to thank Clent for his service to Immersion and wish him well in his future endeavors," said Jack Saltich, Chairman of the Board of Immersion.

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