![]() Ristow added: “Qumu has undergone a significant evolution since I arrived four years ago with the last few months in particular having been a transformational period to set up the future success of our business. ![]() On behalf of the board and our entire organization, I’d like to thank Dave for his contributions and wish him success in his new endeavor.” As we begin the process of identifying his successor, we are in experienced, steady hands with our current corporate finance team remaining in place. “During Dave’s tenure, he has helped improve our balance sheet through several successful equity raises, led our debt reduction efforts, and built a steady financial planning and accounting team at Qumu. “Over the past four years Dave has capably assisted in transitioning Qumu from its legacy business to the SaaS focused enterprise we are today,” said Company Chief Executive Officer TJ Kennedy. Beginning September 10, 2021, Matt Walker, Qumu’s corporate controller since November 2015, will serve as the Company’s interim principal accounting officer and principal financial officer until Qumu’s external CFO search is complete. With support from the Board of Directors, Qumu has initiated a search for a new CFO and will provide updates as they become available. MINNEAPOLIS-( BUSINESS WIRE)- Qumu Corporation (Nasdaq: QUMU), a leading provider of cloud-based enterprise video technology, announced today that Dave Ristow will be stepping down from his position as Chief Financial Officer of the Company, effective September 10, 2021, to pursue a new CFO opportunity with a technology company in the pharmaceutical industry.
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