Dynasil CEO Steven Ruggieri To Resign

6/29/2012 12:45 PM ET

Dynasil Corporation of America (DYSL: Quote) said Friday that Steven Ruggieri will resign as Chief Executive Officer and President and as a member of the Board of Directors of the company, effective July 6.

Dynasil Chairman Peter Sulick will serve as the company's Interim Chief Executive Officer and President until a replacement is named by the board.

Sulick, 61, has been a director of the Company since 2008 and has served as the non-executive Chairman of the Board since September 2009. Sulick is President and CEO of AmeriSite, LLC, a family-owned real estate development and Investment Company he founded in 1998 and is the Executive Chairman and former CEO of Prism Microwave, Inc.

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