RealTime IT News

Live Pictures Re-Structures As CEO Resigns

Kathleen Mitchell resigned from her position as president and CEO of Internet imaging software vendor Live Picture Inc. today as part of a companywide reorganization.

Several other positions were also eliminated, according to Live Picture's senior director of corporate marketing, Kate Hutchison, who said, "We are agressively looking for a replacement," said Hutchison.

Chief financial officer and co-founder Mark Kalow has been appointed acting CEO. In addition to the staff cuts, Live Picture is restructuring its business strategy, said Hutchison. The company will maintain its LivePix and Zoom product lines, but will reduce the resources behind its document-distribution and -sharing initiative.
Mitchell left on "amicable" terms, according to Hutchison. "[The restructuring] was a chance for Kate to look at her opportunities and make her choice," she said.

A former senior vice president of marketing at Oracle, Mitchell had been appointed to the Live Picture post in June of 1997. Mitchell was not available for comment.