Sonicblue CFO steps down

By Richard Shim
Staff Writer, CNET News

Consumer-electronics maker Sonicblue announced Friday that Chief Financial Officer David Sugishita is leaving the company to pursue other interests. The company said in a release that the move was mutually agreed upon and is effective immediately. Sugishita had been with the company for less than two months. Former CFO and current Chief Operating Officer John Todd will again assume the role of CFO on an interim basis.

The announcement of Sugishita's leaving comes shortly after the company exceeded analysts' revenue estimates for its fiscal fourth quarter by $21 million to $23 million. Despite those results, the company's stock has declined slightly since it announced its fourth-quarter results.

Latest tech news headlines

Quark Promote lets novices make promo materials
Posted in The Web Services Report by Harrison Hoffman

December 28, 2009 1:39 PM PST
Consumer groups urge block of Google-AdMob deal
Posted in Relevant Results by Tom Krazit

December 28, 2009 12:45 PM PST
App store downloads shine on Christmas
Posted in News - Apple by Lance Whitney

December 28, 2009 12:29 PM PST
See all headlines

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.

More feeds available in our RSS feed index.

Markets: Market news, charts, SEC filings, and more; Related quotes; Dow Jones Industrials (0.26%) 26.98 10,547.08; S&P 500 (0.12%) 1.30 1,127.78; NASDAQ (0.24%) 5.39 2,291.08; CNET TECH (0.26%) 4.25 1,662.16

Inside CNET News

Scroll Left Scroll Right

Deep Tech
'Don't-be-evil' Google spurns no-evil software
One open-source software programmer's joke--'The Software shall be used for Good, not Evil'--is a serious matter at Google.
Gallery
A real-world test of Google Goggles visual search (photos)
Apple
App store downloads shine on Christmas
Mobile app downloads for Apple's iPod Touch jump 1,000 percent on Christmas Day following 51 percent leap in overall downloads for December, says research firm Flurry.
Beyond Binary
Visual Studio launch delayed by 'a few weeks'
Microsoft says it's still working to resolve some performance issues related to the Visual Studio 2010 developer tool suite, which was slated for a March release.
Video
Behind the scenes of CBS's NFL coverage
Security
GSM crypto code cracked, engineer says
German computer engineer says he cracked the secret code used to encrypt most of the world's mobile phone calls, reports The New York Times.
Video
Deep-sea volcanic explosion--part 2 (video)
The Social
Facebook COO nominated to Disney board
Sheryl Sandberg, who has been chief operating officer of the social network for nearly two years now, will join the board if shareholders approve in March.
The Space Shot
Soyuz craft docks, boosts space station crew
A Russian Soyuz spacecraft docked with the International Space Station Tuesday after a smooth, automated approach, boosting the lab's crew back up to five.
Gallery
Top-rated reviews of the week (photos)
Crave
Speculating on Chrome OS Netbook specs
If rumored specs for the Netbook prove true, it will house a Nvidia Tegra platform with an ARM CPU, a 10.1-inch multitouch screen that support HD, and much more.
Green Tech
Smart-grid spending to hit $200 billion by 2015
Technologies to automate and upgrade the grid will capture most of the $200 billion invested in modernizing electrical power systems, says Pike Research.