Cobra's Smith Resigns as CFO
Cobra Electronics announced Friday that senior vice president and chief financial officer Michael Smith has resigned from the company to take a job in the specialty apparel industry.
Bob Ben has been appointed interim CFO.
"I have enjoyed my time with Cobra tremendously and have grown both personally and professionally," Smith said in a statement. "I am proud of everything we have accomplished and believe that the company is positioned to prosper over the next several years. We have returned to profitability with a strong product line and have a solid balance sheet that will support our growth plans."