Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
Mr. Greg LeClaire announced today that he would resign from his position as
Chief Financial Officer and Corporate Secretary of the Company, effective May
15, 2009, in order to pursue other interests. Mr. LeClaire has advised the
Company that he would remain in his position through the filing of the Company's
Form 10-Q for the quarter ended March 31, 2009.
Mr. LeClaire joined ClearOne in September 2006 as Vice President of Finance and
was promoted to Chief Financial Officer in January 2008. The Company has
appreciated his service and leadership.
The Company has commenced a search for a successor to Mr. LeClaire. Ms. Zee
Hakimoglu, President and Chief Executive Officer will take additional charge as
interim principal financial officer. Mr. LeClaire has agreed to serve as a
consultant, as needed, to assist during transition.
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