Media Sciences International announced this week that their chief financial officer would be resigning. Kevan Bloomgren, who has been with Media Sciences since 2006, has accepted a position at a larger company.
President and CEO Michael Levin said of the departure: “During Kevan’s tenure here, he has made immeasurable contributions to our company. Kevan has put robust systems and processes in place to ensure accurate and timely reporting, has increased the transparency of our filings, and built a platform for growth. On behalf of the management team and board of directors, we thank him for his contribution.”
Bloomgren has had a long career as a finance executive, amongst many other positions having served as chief financial officer at Rapid Solutions Group and Satellite Paging, as well as managing partner at financial services company Crown Investment Management.
Media Sciences has begun to search for a new financial officer, with the company’s controller Denise Hawkins assuming the role of principal accounting officer in the meantime.
Bloomgren’s resignation will be effective on 14 May, when the company will be holding its quarterly earnings conference and discussing the recently announced acquisition of cartridge and refiller producer Master Ink.