March 2, 2017 -
Aware, Inc. announced that Richard P. Moberg has resigned, effective March 3, 2017, as co-Chief Executive Officer and co-President and Chief Financial Officer and Treasurer of the company citing a desire to retire. Mr. Moberg will continue to serve as a member of the Board of Directors.
Kevin T. Russell, Aware’s co-Chief Executive Officer and co-President, General Counsel has been named Chief Executive Officer, President and General Counsel. Mr. Russell will continue to serve as a member of the Board of Directors of Aware. Mr. Russell has been with Aware since April 2000 and has served as co-Chief Executive Officer and co-President, General Counsel since April 2011.
David J. Martin, Aware’s Controller, has been named Chief Financial Officer and Treasurer of Aware. Mr. Martin has served as Aware’s Controller since October 2006 and previously served as Controller from October 1996 to October 2005.
Mr. Russell said, “We thank Rick for his many years of dedicated service to Aware. Rick’s numerous and valuable contributions to Aware include helping to build the company’s biometrics business as well as managing all of the company’s financial reporting obligations. He has left behind a strong organization that is well positioned for the future. We wish him the best in his future endeavors and look forward to continuing to work with him as a member of our Board of Directors.”
Mr. Russell continued, “We are happy to announce Dave’s promotion to CFO. Dave has provided many years of valuable service in Aware’s financial organization. His vast experience in financial reporting and with Aware’s business will serve him well as he takes on the role of CFO.”
Just last month, Aware reported financial results for Q4 2016 and year-end 2016.