MADISON, Wis. — March 1, 2021 — Sonic Foundry, the trusted leader for video creation and management solutions as well as virtual and hybrid events, today announced that Kelsy Boyd, the company’s Chief Financial Officer, has chosen to step away from the business for personal reasons.
“It has been a sincere honor to serve Sonic Foundry through an exciting and transformative time,” Boyd said. “Unfortunately, personal reasons prevent me from continuing on this journey, but I am fully confident in Sonic Foundry’s ability to capitalize on the expected growth opportunities ahead.”
Boyd is committed to an organized transition of her duties through April 2, 2021. The company has appointed long-standing former employee Ken Minor, who served as Sonic Foundry CFO from 1997 to 2020, as interim CFO. Minor will work closely with CEO Joe Mozden Jr. to oversee Sonic Foundry’s financial strategy.
“On behalf of Sonic Foundry’s board members and employees, I’d like to thank Kelsy for her dedication and leadership as we’ve pivoted to address the challenges and opportunities of this new digital-first world over the past year. We truly enjoyed working with Kelsy and wish her all the best in her next endeavor,” Mozden said.
“I’m pleased to be working with Sonic Foundry’s long-standing colleague and former CFO, Ken Minor. Ken knows our business extremely well and is poised to help lead us into the next chapter of the company. His extensive experience leading public companies’ financial strategies and forward-thinking mindset will help us continue our strong momentum in this next phase of the company.”
About Sonic Foundry®, Inc.
Founded in 1991 and headquartered in Madison, Wis., Sonic Foundry (OTC: SOFO) is dedicated to transforming how the world works and learns through innovative and scalable technology solutions. We help customers maximize the value of their video initiatives and infrastructure while leveraging our expertise and global footprint to help unlock a smarter, more connected world for learners, workers, and entrepreneurs everywhere. Sonic Foundry’s family of brands includes Mediasite®, Video Solutions, Vidable® and Global Learning Exchange™ which are trusted by thousands of educational institutions, corporations, and health care organizations in dozens of countries around the world. For more information on how Sonic Foundry’s solutions can empower you and your organization to seize today’s opportunities as well as those of the future, visit www.sonicfoundry.com.
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