OCZ has taken time out of its schedule to announce that one of its high-ranking executives, the chief financial officer (CFO) will leave the company soon.
This isn't one of those cases when a rival company tempts a staff member away
, or when the latest CEO lets people go
as part of a reorganization process.
Instead, it is a rare occasion when someone finally decides that it is a good moment to end their career.
OCZ's Chief Financial Officer Arthur F. Knapp Jr. is leaving the company at the age of 63, after serving with the company for two years short of a decade.
"After more than eight years at the Company, I have decided that it is the right time to retire," he said.
"I am proud to have been part of the significant growth and transformation of OCZ and I look forward to its continued success."
OCZ was founded in 2002 and is one of the better known global brands in design, manufacturing and distribution of solid-state drives.
Through its own R&D efforts and company acquisitions, it produces SSDs for consumer PCs, SAN acceleration, servers, storage virtualization, cloud computing, etc. OCZ even owns the Indilinx
family of controllers now.
Knapp will retain his post until a viable replacement is found. Afterwards, he will provide support for a while, to make the transition as seamless and painless as possible.
"Art has been a valuable member of our management team since 2005 and he has contributed to the success of transforming the organization from a small high-performance memory Company to a leader in the SSD market," said Ryan Petersen, CEO of OCZ Technology Group.
"On behalf of the Company, I want to thank Art for his dedicated service and look forward to working with him through the search process for a new CFO."