Summer Infant, Inc. CFO Joseph Driscoll to Depart
(firmenpresse) - WOONSOCKET, RI -- (Marketwire) -- 01/26/12 -- Summer Infant, Inc. ("Summer Infant" or the "Company") (NASDAQ: SUMR) today announced that Joseph Driscoll is stepping down as Chief Financial Officer in order to take a similar position with another public company. Mr. Driscoll, who has served as CFO since March 2007, will continue in his present capacity as CFO until the effective date of his resignation, which is currently expected to be after the filing of the Company's 2011 Annual Report on Form 10-K. A search for Mr. Driscoll's successor is underway.
Jason Macari, Chairman and Chief Executive Officer of Summer Infant, commented, "As Chief Financial Officer, Joe has played an important role in the growth and success of Summer Infant. We thank him for his considerable contributions to the Company during his many years of service and wish him well in his future endeavors. Importantly, Joe has assembled a strong financial team that I am confident will help ensure a smooth transition over the next few months."
Mr. Driscoll commented, "My time at Summer Infant has been very special and tremendously fulfilling. I leave behind an organization with some of the most talented people in the industry and a Company with a very bright future ahead of it."
Based in Woonsocket, Rhode Island, the Company is a designer, marketer and distributor of branded durable juvenile health, safety and wellness products (for ages 0-3 years), which are sold principally to large U.S. retailers. The Company currently sells proprietary products in a number of different categories, including nursery audio/video monitors, safety gates, durable bath products, bed rails, nursery products, booster and potty seats, swaddling blankets, bouncers, travel accessories, highchairs, swings, nursery furniture, infant feeding items, and car seats.
Contact:
Joe Driscoll
Chief Financial Officer
Summer Infant, Inc.
(401) 671-6922
or
Jason Macari
CEO
Summer Infant, Inc.
(401) 671-6563
or
Brendon Frey
ICR
(203) 682-8200
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Datum: 26.01.2012 - 15:01 Uhr
Sprache: Deutsch
News-ID 1076980
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