Digi International Announces Resignation of CFO
January 15 2019 - 8:15AM
Business Wire
Gokul Hemmady resigning to pursue opportunity
at Silicon Valley based start-up business
Digi International® Inc., (Nasdaq: DGII), announced today that
Gokul Hemmady, the company’s Senior Vice President, Chief Financial
Officer and Treasurer, gave notice of his intention to resign
effective on or about February 5, 2019. Mr. Hemmady is leaving
the company to pursue an opportunity at a start-up business based
in Silicon Valley in an emerging industry.
“We thank Gokul for his contributions during his time at Digi,”
said Ron Konezny, President and Chief Executive Officer. “We wish
him all the best as he pursues the unique opportunity that awaits
him.”
The Board of Directors is commencing a search for Mr. Hemmady’s
successor and has appointed Brian Ballenger to serve in the
additional roles of Interim Treasurer and acting principal
financial officer and principal accounting officer, effective upon
Mr. Hemmady’s departure.
About Digi International
Digi International (Nasdaq: DGII) is a leading global provider
of Internet of Things (“IoT”) products, services and solutions. We
help our customers create next-generation connected products and
deploy and manage critical communications infrastructures in
demanding environments with high levels of security and
reliability. Founded in 1985, we’ve helped our customers connect
over 100 million things, and growing. For more information, visit
Digi’s website at www.digi.com, or call 877–912–3444 (U.S.) or
952–912–3444 (International).
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version on businesswire.com: https://www.businesswire.com/news/home/20190115005290/en/
David H. SampsellVice President - Corporate Development, General
Counsel & Corporate Secretary(952) 912-3528Email:
dave.sampsell@digi.com
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