CFO Departs Beleaguered Outpost
Three days after beleaguered Internet computer retailer Outpost.com let go 110 workers and replaced its CEO, the company's chief financial officer has resigned.
Cyberian Outpost
The company also said that Williams has agreed to assist the company as a
consultant and the accounting firm Deloitte & Touche is also assisting in a
financial advisory capacity.
On Monday, president and chief executive officer Katherine Vick was replaced by company chairman
and founder, Darryl Peck.
Outpost reported a net loss of $9.5 million, or 30 cents per share for the
fourth quarter that ended Feb. 28, on sales of $120.9 million. The company
said market conditions made it difficult to secure equity and working capital
financing.