Bijou will remain available for the next three months to assist with transition issues.
Ronstadt is founder of Consilience Learning, a company that currently develops and distributes software that promotes visual learning for the K-12, special needs, and higher education markets. He was formerly chief executive officer and chairman of Lord Publishing, a producer of financial applications software. Most recently, he was vice president of Technology Commercialization at Boston University. Prior to that he served for five years as Director of IC2 Institute at the University of Texas at Austin, where he held the J. Marion West Chair for Constructive Capitalism.
Baker has been with the company since 1996, when he was appointed chief financial officer (CFO). During his tenure as CFO, he has been involved in virtually all aspects of the company, including business negotiations, capital raising, strategy development, day to day operating activities, and numerous other areas.
“We are grateful to Tom for his outstanding service to the Company,” said Robert Ronstadt, chairman of the board. “Tom’s efforts have enabled us to position the Company for future growth on a profitable basis. Everyone on the Board wishes Tom the very best in his future endeavors.”
‘I am honored that the Board has chosen me to help guide the Company to profitability,” said Douglas P. Baker. “I am excited by the significant opportunities in front of us and look forward to achieving our strategic goals in the coming months. We have more opportunities, covering a broader range of areas, than I can ever recall in my thirteen years with the Company.”
