OCZ Technology (OCZ) Names Rafael Torres as CFO

OCZ Technology Group, Inc. (Nasdaq: OCZ) announced the appointment of Rafael Torres as Chief Financial Officer (CFO) reporting directly to Ralph Schmitt, Chief Executive Officer (CEO) effective immediately. Torres, age 45, joins OCZ with over 15 years of experience as a senior leader in finance and over 10 years serving as CFO. Torres replaces Arthur Knapp, age 64, who is leaving the Company to begin his retirement.

Prior to joining OCZ, Torres served as CFO and Vice President of Finance for Capella Photonics where he successfully raised new capital and developed a financial infrastructure to support a fast-growing start-up. Before joining Capella, Torres was the CFO and Vice President of Finance for Power Integrations (NASDAQ) where he led a financial turnaround that he successfully achieved. Prior to that, Torres was CFO and Vice President of Finance for PLX Technology (NASDAQ) and through his leadership, returned the company to profitability and significantly increased their cash position.

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