Tuesday, Coinstar, Inc. (CSTR), a provider of automated retail solutions offering convenient products and services, said its Chief Financial Officer John Harvey has decided to leave the company because of the extensive time his position required for him to spend away from his family. However, Harvey will continue as CFO through the reporting of third quarter financial results in November and assist the company with transition matters.
Harvey has joined Coinstar on June 1, succeeding Brian Turner as CFO. Prior to that, he served as CFO of Redbox Automated Retail, LLC, the wholly owned subsidiary of Coinstar, since May 2008.
Bellevue, Washington-based Coinstar said it would begin a search immediately to replace Harvey
CSTR is currently trading at $31.64 per share, down 3.57%, on the Nasdaq.
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