Polycom (PLCM) CEO to Be Replaced Due to 'Expense Irregularities'
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Price: $12.47 --0%
Financial Fact:
Research and development: 43.98M
Today's EPS Names:
FRMM, PETS, DARE, More
Financial Fact:
Research and development: 43.98M
Today's EPS Names:
FRMM, PETS, DARE, More
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Polycom (NASDAQ: PLCM) announced the appointment of Kevin Parker as Interim Chief Executive Officer. Mr. Parker has served on the Polycom board since 2005, and is currently a Managing Principal at Bridge Growth Partners, LLC. Mr.
Mr. Parker replaces Andrew Miller who resigned as Chief Executive Officer, President and a member of the Board of Directors on July 19, 2013, after the Audit Committee of the Board of Directors found certain irregularities in Mr. Miller's expense submissions, for which Mr. Miller accepted responsibility. The amounts involved did not have a material impact on the Company's current or previously reported financial statements for any period, nor did they involve any other employees.
For earnings history and earnings-related data on Polycom, Inc. (PLCM) click here.
Mr. Parker replaces Andrew Miller who resigned as Chief Executive Officer, President and a member of the Board of Directors on July 19, 2013, after the Audit Committee of the Board of Directors found certain irregularities in Mr. Miller's expense submissions, for which Mr. Miller accepted responsibility. The amounts involved did not have a material impact on the Company's current or previously reported financial statements for any period, nor did they involve any other employees.
For earnings history and earnings-related data on Polycom, Inc. (PLCM) click here.
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