Fergie's Tech Blog

Facing Criminal Charges, Integral's Chairman Resigns

Dina ElBoghdady writes in The Washington Post:

Steven R. Chamberlain resigned yesterday as chief executive and chairman of Integral Systems Inc., the Lanham-based satellite systems and software company said, after months of controversy over pending criminal charges against him.

Even though he had signaled his intention to retire as recently as last week, Chamberlain's resignation was abrupt, and took effect at 5 p.m. yesterday. His successors include Peter J. Gaffney, the chief operating officer, who took over as chief executive, and director R. Doss McComas, who was tapped as chairman.

Integral did not give a reason for Chamberlain's resignation, which was announced in a filing with the Securities and Exchange Commission. But in an e-mail to employees posted on a Internet message board, Chamberlain said he did not want "my publicity/legal problems to affect the company any further." The letter, which was verified by a company employee, also said, "Please don't be sad for me."

posted by Fergie @ 4/22/2006 08:52:00 AM