EFI Announces CFO Transition Plan

Electronics For Imaging, a world leader in customer-focused digital printing innovation, has announced that Vincent Pilette has resigned as CFO, effective September 3, 2013, to pursue another opportunity. Pilette will be available through the end of the quarter to ensure a smooth transition. The company will initiate a formal search for a new CFO.

The company intends to appoint Marc Olin, senior vice president and general manager of EFI Productivity Software, as interim CFO. Olin was previously CEO and co-founder of Printcafe Software, a public company EFI acquired in 2003 as a part of our growth strategy. Brandy Green, EFI's chief accounting officer, will assume additional finance responsibilities and will be joining EFI's Senior Leadership Team and report to Olin.

"We are grateful for Vincent's contributions to EFI and we wish him the best with his new endeavor," said EFI CEO Guy Gecht. "We are confident in the finance team's ability, with Marc and Brandy's leadership, to comprehensively support the entire organization in our mission to capitalize on the significant short- and long-term opportunities in front of us."

"While it was a difficult decision for me to leave EFI as the business is just beginning to realize its full potential, this strong position also makes it the right time for me to take on a different set of challenges and embark on the next chapter in my career," said Vincent Pilette. "My confidence in the company's leadership and opportunities has never been higher, and I look forward to remaining a supporter and a shareholder of EFI."

About EFI
EFI is a worldwide provider of products, technology and services leading the transformation of analog to digital imaging. Based in Silicon Valley, with offices around the globe, the company's powerful integrated product portfolio includes digital front-end servers; superwide, wide-format, label and ceramic inkjet presses and inks; production workflow, Web-to-print, and business automation software; and office, enterprise and mobile cloud solutions. These products allow users to produce, communicate and share information in an easy and effective way, and enable businesses to increase their profits, productivity, and efficiency.

Source: EFI.