EMachines CFO Quits After 6 Months on Job
EMachines Inc., a money-losing maker of low-priced personal computers, said that Chief Financial Officer John A. Muskovich is departing after just six months on the job to pursue other interests.
Muskovich, 54, who also is executive vice president of the Irvine company, will assist with transition issues until July 20, EMachines said.
EMachines won’t be hiring another CFO, said Pattie Adams, a company spokeswoman. Financial responsibilities will be assumed by Adam Andersen, senior vice president and chief operating officer, and Corinne Bertrand, vice president of finance.
Last month, EMachines said it had hired investment bank Credit Suisse First Boston to evaluate business options, including the sale of the company. Later in the month, the stock was delisted by Nasdaq.
EMachines shares, which were first sold to investors for $9 each in March 2000, were little changed at 21 cents in over-the-counter trading. Muskovich’s departure was announced after regular U.S. trading hours.
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