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Rimage Hires New CFO

Rimage Corporation announced the appointment of James R. Stewart as the company’s Chief Financial Officer.

According to the statement, Stewart, age 53, is scheduled to start as an employee on July 26, 2010 and will become the Company’s Chief Financial officer later in August 2010. Robert M. Wolf, the current CFO, who announced in June his intention to leave Rimage, will continue to work until August 27, 2010 to help ensure a seamless management transition for his successor.

Stewart previously served as CFO of Comm-Works Incorporated, a voice and data infrastructure services company. Prior to joining Comm-Works in 2006, Stewart was Senior Vice President, Finance of Ceridian Corporation’s Human Resource Solutions unit. Earlier in his career, Stewart was CFO and Operations Leader for Optical Solutions, Inc., CFO of Micron Electronics, Inc. and Corporate Controller of Imation Corporation.

Sherman L. Black, Rimage’s president and chief executive officer, commented: “We are extremely pleased to have an executive of Jim Stewart’s professional stature and wide-ranging capabilities join Rimage. With nearly 20 years of experience with global, mid-sized and venture-backed companies, he is a strategically-oriented CFO, who, throughout his career, has developed strong finance organizations, implemented strategies for increasing shareholder value, directed business planning processes and managed operations. Jim’s extensive experience, which will significantly strengthen our senior management team, will fortify the range of initiatives currently underway that are aimed at accelerating Rimage’s long-term growth and profitability.”

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