Executive Chairman Gregory H. Sachs commented, “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.”
Mr. Cole commented, “It has been a privilege to be part of RMG Networks and one of its predecessors for the last 17 years. 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.”
Mr. 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.