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September 22, 2008

Zvue Corp. changes CEOs

Filed under: finance — Tags: , — ManInBlack @ 10:32 pm

Zvue Corp. made Ulysses Curry, who joined its board six weeks ago, chairman and interim CEO, replacing former CEO Jeff Oscodar.

Oscodar has been CEO for four years at Zvue, which was formerly named Handheld Entertainment.

Curry, once the chief financial officer of Accuray Inc. (NASDAQ: ARAY), took a seat on the San Francisco company’s board on Aug. 4. There’s been a lot of turbulence on the board this summer, with several directors quitting their seats. Robert Austrian left the board Sept. 9.

Zvue (NASDAQ: ZVUE) lost two directors in July, when Allan Grafman and Mitchell Koulouris quit, leaving the company with a shortage of independent directors no fax payday loans. Koulouris and Grafman were added to the board as independent directors effective March 4, after David Hadley and Geoff Mulligan quit. Both Koulouris, 47, and Grafman, 54, worked on the nominating, compensation and audit committees.

CFO Tom Hillman quit Aug. 15.

The company runs web sites like holylemon.com, dorks.com and funmansion.com. It also sells MP3 players and makes content through royalty deals with content providers for the device.

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