Local.com chairman/CEO resigns, director named chairman

|About: Local Corporation (LOCM)|By:, SA News Editor

Local.com (LOCM) chairman/CEO Heath Clarke has resigned for "personal reasons." Director Fred Thiel, formerly a managing partner at P-E firm Triton Pacific, has been named chairman. (PR)

The online local ad provider says it will name an interim CEO soon, and that its board will conduct a search for a full-time replacement.