Aware Inc. Goes From Dual Leadership to Sole CEO

“The company’s other co-CEO and co-President, Kevin T. Russell, is now its sole CEO and President, as well as General Counsel.”

A chief executive of biometric software and services provider Aware, Inc. is stepping down. The company has announced that Richard Moberg is leaving his post as co-Chief Executive Officer, co-President, CFO and Treasurer.Aware Inc. Goes From Dual Leadership to Sole CEO

In a statement, the company said that Moberg has cited “a desire to retire” in explaining his decision to leave these positions. However, Moberg will stay on as a member of the company’s Board of Directors.

The company’s other co-CEO and co-President, Kevin T. Russell, is now its sole CEO and President, as well as General Counsel. Meanwhile, David J. Martin, the company’s Controller, has been named its new CFO and Treasurer.

The changes come soon after a corporate update in which Moberg reported a “strong financial performance” for Aware in 2016. Commenting on his retirement, Russell said, “He has left behind a strong organization that is well positioned for the future.”

March 2, 2017 – by Alex Perala