Tuesday, July 23, 2013

Reuters: Global Markets: Polycom says CEO Miller steps down following expense irregularities

Reuters: Global Markets
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com 
Polycom says CEO Miller steps down following expense irregularities
Jul 23rd 2013, 20:25

Tue Jul 23, 2013 4:25pm EDT

(Reuters) - Videoconferencing company Polycom Inc (PLCM.O) said Chief Executive Andrew Miller has stepped down after irregularities were found in his expense submissions.

The company's shares fell about 5 percent after the bell on Tuesday.

Miller accepted responsibility for the irregularities, Polycom said.

The company said the amounts involved did not have a material impact on its current or previously reported financial statements.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.