EDGAR Online, Inc. (EDGR) announced that Greg D. Adams, Chief Financial Officer and Chief Operating Officer, has resigned from both positions to pursue other interests. However, Mr. Adams will continue to serve as CFO until EDGAR Online files their 2007 Annual Report and Form 10-K or March 15, 2008. EDGAR Online has already initiated a search for a new CFO and is currently evaluating candidates.
Philip D. Moyer, the company’s Chief Executive Officer said, “We thank Greg for his contributions to EDGAR Online during the last nine years. Greg’s leadership has been instrumental in EDGAR Online’s success since its initial public offering. He has built a capable financial team, which will ensure a smooth transition as we search for a successor. We wish him great success in his future endeavors.”
Greg Adams responded, “I have enjoyed my nine years at EDGAR Online. It is now an appropriate time for me to seek new challenges and experiences. I wish Phil and the team great success.”
Mr. Adams has served as EDGAR Online’s Chief Financial Officer since 1999, their Chief Operating Officer since 2003, and served as a member of the Company’s Board of Directors from 2004 until 2007. During his involvement with the company, he helped EDGAR Online grow from start-up to a company with revenues in excess of $17 million.
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