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GLOW > SEC Filings for GLOW > Form 8-K on 10-May-2012All Recent SEC Filings

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Form 8-K for GLOWPOINT, INC.


10-May-2012

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(c)

On May 9, 2012, the Board of Directors of Glowpoint, Inc. (the "Company") appointed Tolga Sakman, age 38, as the Company's interim Chief Financial Officer, effective immediately. Mr. Sakman will hold such title, in addition to his current responsibilities, until such time as a permanent CFO is appointed.

The Company has employed Mr. Sakman as Senior Vice President, Corporate Development and Strategy since July 2011. Prior to joining the Company, Mr. Sakman held a position with the TelePresence Technology Group of Cisco Systems, Inc. from April 2010 until June 2011, working on market development initiatives.
Prior to Cisco's acquisition of Tandberg in December 2009, Mr. Sakman was employed by Tandberg as Senior Manager - M&A and Alliances. Mr. Sakman earned his MBA in Strategy and Entrepreneurial Finance from Penn State University, his M.Sc. in Engineering from University of Cincinnati in and his B.Sc. in Engineering from Orta Dogu Teknik Universitesi in Turkey.

There are no family relationships between Mr. Sakman and any director or executive officer of the Company, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

In connection with his additional duties as interim Chief Financial Officer, Mr. Sakman will receive an annual salary of $200,000.


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