Seeking Alpha

Identive to move corporate finance activities to California, appoints new CFO

  • Identive (INVE +2.7%) will move its corporate finance activities from Germany to its HQ in California "as part of its continuing efforts to simplify its business operations."
  • In conjunction, Brian Nelson has been appointed CFO to replace David Wear, who will remain with the company as VP of Special Projects. Nelson was previously CFO of idOnDemand, which Identive acquired in 2011.
  • See also: Identive management shake-up, Identive to divest non-core assets
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