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OCZ Technology (OCZ) announces CEO Ryan Peterson has resigned, and that chief marketing officer...

OCZ Technology (OCZ) announces CEO Ryan Peterson has resigned, and that chief marketing officer Alex Mei will serve as interim CEO until a permanent replacement is found. Peterson's resignation comes in the midst of a rough year for both OCZ's bottom line and stock price. Shares are halted. (PR)
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Comments (2)
  • Ashraf Eassa
    , contributor
    Comments (9157) | Send Message
     
    Ouch.
    17 Sep 2012, 04:14 PM Reply Like
  • dbxpurdue
    , contributor
    Comments (37) | Send Message
     
    Let's look at it this way, after 2 major hiccups with supply chain issues, management had lost a good share of credibility. A COO was really needed. While new products are in the pipeline and should be announced fairly soon (drives shown out of pocket by representatives at IDF) OCZ needs better execution. With a CEO out and a CFO on the moves, a beheaded OCZ needs urgent management replacement. Who knows what will happen next, acquisition?
    17 Sep 2012, 04:32 PM Reply Like
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