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Rosetta Stone Inc. Announces Management Change
Rosetta Stone Inc. announced that its Board of Directors has named Stephen M. Swad as President and Chief Executive Officer, effective immediately. In conjunction with appointment of Mr. Swad as CEO, the Board appointed Tom P.H. Adams as non-executive Chairman of the Board, replacing outgoing Chairman, Laurence Franklin, as previously announced. The Board also announced that the Company will begin the search process to find a new chief financial officer to replace Mr. Swad immediately.
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