RMG Networks CFO William Cole To Retire
Gail Chiasson, North American Editor
RMG Networks Holding Corporation (RMG Networks), Dallas-based provider of technology-driven visual communications solutions, has announced that William Cole, 67, has notified the board of directors that for personal health reasons he intends to retire as executive vice-president, CFO and principal accounting officer, effective Nov. 28, 2014.
In preparation for Cole’s planned departure, RMG Networks has begun the search for a new permanent CFO.
Gregory Sachs, executive chairman, says, “The entire board and management team joins me in expressing our heartfelt appreciation to Bill who helped guide the organization through a complex business combination and the transition to a public operating company with a completed financial reporting infrastructure. We wish Bill a speedy and full recovery and extend our continued support and well wishes to him and his family.”
“It has been a privilege to be part of RMG Networks and one of its predecessors for the last 17 years,” says Cole. “My priorities, however, have changed, and I will focus on taking care of my health, spending time with my family and doing the things away from the office I have always wanted to do. I will miss not seeing my RMG colleagues on a daily basis, but wish Greg, Bob, Loren and the rest of the team great success in pursuing the dynamic opportunities in front of the company.”
Cole will remain in his current role full-time until his retirement and has agreed thereafter to remain available in order to facilitate a new CFO’s transition.
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