Kaypro President Soule Resigns
Kaypro Corp.'s president and chief executive, Geoffrey W. Soule, has resigned after trying for more than 15 months to revive the ailing San Diego-based computer firm, a company official said.
Soule, who took charge of the firm in August, 1990, and one of the company’s four board members, Mark Seaver, resigned last week, Kaypro Chairman Andrew Kay said.
The company has not officially announced the changes yet, but Kay confirmed that the pair resigned last Wednesday, effective the same day.
Kay gave few reasons for the resignations but said Soule will continue working as vice president of marketing for Kaypro, which is operating under bankruptcy court protection.
The president’s position “is up in the air right now” and hasn’t been filled, said Kay, adding that he is running the company’s day-to-day operations now.