MADISON, Wis. — June 3, 2020 — Sonic Foundry today announced that Kelsy Boyd has been promoted to Chief Financial Officer.
Boyd, who joined the company in January as senior vice president of finance, has more than 25 years of financial leadership and consulting experience in the digital media, manufacturing, agriculture and government sectors, including as CFO of Sani-Matic in Madison, Wis. from 2006 to 2014, and as finance director for the Village of McFarland from September 2015 to October 2017.
She has extensive knowledge of Sonic Foundry’s history, having worked at the company from 1998 to 2001 as the controller and working her way up to senior director of operations until 2003. In her new role, Boyd leads Sonic Foundry’s finance department and reports directly to CEO Michael Norregaard. She will work closely with the executive team to oversee Sonic Foundry’s financial strategy.
“We are very pleased to welcome Kelsy to this new role on the team,” Norregaard said. “Kelsy is an accomplished executive with impressive knowledge and experience in financial analysis across many sectors. In the short time she’s been here, she has already played a crucial role in our focus on navigating the coronavirus pandemic, finding new markets and revenue streams for our Mediasite technology, becoming a more self-sustaining company and further driving shareholder value.”
Boyd has most recently worked as a consultant in varying finance and accounting roles across multiple industries. She is a certified public accountant and holds degrees in finance and accounting from The University of North Dakota. Boyd will continue to be based in the company’s Madison office.
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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