News
 

Bookmark and Share

(7) 

OCZ Technology Group said this week that Arthur F. Knapp, 63, chief financial officer, announced his intent to retire from the company. Mr. Knapp will remain as CFO until his successor is in place and then provide ongoing support to help ensure a seamless transition.

"After more than eight years at the company, I have decided that it is the right time to retire. I am proud to have been part of the significant growth and transformation of OCZ and I look forward to its continued success," said Arthur Knapp, the CFO of OCZ.

Arthur Knapp is a very experienced financial management specialists, for whom it will probably be hard to find a replacement. Prior to his tenure at OCZ, Mr. Knapp had over 15 years experience serving as the chief financial officer at high-tech companies like Duquesne Systems, Legent Corp., Boole & Babbage and Calico Commerce. Mr. Knapp also spent 10 years in public accounting.

"Art has been a valuable member of our management team since 2005 and he has contributed to the success of transforming the organization from a small high-performance memory company to a leader in the SSD market. On behalf of the company, I want to thank Art for his dedicated service and look forward to working with him through the search process for a new CFO," said Ryan Petersen, chief executive officer of OCZ Technology Group.

Given the fact that OCZ Technology Group has reportedly been an acquisition target in the recent weeks, the retirement of the CFO seems to be important news. The story either points to OCZ's further growth as an independent company (since they are looking for a new CFO) or OCZ's intention to find a strategic partner or investor (which calls for a particular kind of CFOs).

Tags: OCZ, SSD, Business

Discussion

Comments currently: 7
Discussion started: 08/12/12 11:42:22 AM
Latest comment: 08/07/14 06:20:54 AM
Expand all threads | Collapse all threads

[1-2]

1. 
IMO OCZ has always been one step away from financial disaster. We'll see how it all shales out.
0 0 [Posted by: beenthere  | Date: 08/12/12 11:42:22 AM]
Reply
- collapse thread

 
Well I just bought a OCZ ZX 1000w PSU....oh my
0 0 [Posted by: redeemer  | Date: 08/14/12 06:05:48 PM]
Reply

2. 
Those who are not law graduates, but want to pursue a career in law, paralegal schools provide an opportunity. These schools have short term certification courses. One can get certification from these schools and get a decent job as a paralegal, irrespective of age. Courses of different duration are available. The courses available also depends on the place as different states have different policies.
0 0 [Posted by: markersharker  | Date: 08/07/14 06:20:54 AM]
Reply

[1-2]

Add your Comment




Related news

Latest News

Thursday, August 28, 2014

12:22 pm | AMD Has No Plans to Reconsider Recommended Prices of Radeon R9 Graphics Cards. AMD Will Not Lower Recommended Prices of Radeon R9 Graphics Solutions

Wednesday, August 27, 2014

9:09 pm | Samsung Begins to Produce 2.13GHz 64GB DDR4 Memory Modules. Samsung Uses TSV DRAMs for 64GB DDR4 RDIMMs

Tuesday, August 26, 2014

6:41 pm | AMD Quietly Reveals Third Iteration of GCN Architecture with Tonga GPU. AMD Unleashes Radeon R9 285 Graphics Cards, Tonga GPU, GCN 1.2 Architecture

Monday, August 25, 2014

6:05 pm | Chinese Inspur to Sell Mission-Critical Servers with AMD Software, Power 8 Processors. IBM to Enter Chinese Big Data Market with the Help from Inspur

Sunday, August 24, 2014

6:12 pm | Former X-Bit Labs Editor Aims to Wed Tabletop Games with Mobile Platforms. Game Master Wants to Become a New World of Warcraft