April 21, 2010
Digital signage solutions provider Wireless Ronin Technologies Inc. announced today that effective May 7, 2010, Scott Koller will assume responsibilities as the company's president and chief operating officer (COO). James C. "Jim" Granger will remain the company's CEO through December 31, 2010, unless extended by mutual agreement.
"This promotion represents a natural progression. It confers a title consistent with responsibilities Scott has substantially discharged as executive vice president and COO," said Gregory Barnum, chairman of the company's board of directors. "Scott has been running significant business functions based on his extensive knowledge of our employees, customers, investors and industry."
In addition to his current direct reports, Darin McAreavey, vice president and chief financial officer (CFO), and Scott Ross, vice president, general counsel and secretary, will report to Koller.
Koller joined Wireless Ronin in November, 2004, and has progressively assumed responsibility for the company's sales, project management, operations and development organizations, according to a company release. Koller has played integral roles in the company's critical transactions including the initial public and follow-on offerings, acquisition of McGill Digital Solutions, and last year's registered direct offering.
"I appreciate the board's confidence and look forward to working with Jim, our management team and staff to address our customers' mission-critical digital signage systems needs. Wireless Ronin has many exciting opportunities that we intend to capitalize on and I feel very confident that we are positioned to deliver," Koller said. "We will focus on top line sales growth and managing scalable resource expenses to match revenues."
Granger will continue to dedicate full time efforts on behalf of the company as CEO and will remain a director; however, allocating some of his duties to Koller will allow Granger to attend to personal responsibilities, the company says. Granger has entered into a new employment agreement with Wireless Ronin, providing for employment through the end of 2010 with any employment thereafter by mutual agreement.
"Our company has assembled a strong management team and I intend to help Wireless Ronin continue toward product development, industry vertical and financial goals that we have established," Granger said.