Wednesday, December 2, 2009

Constant Contact CFO Wasserman to resign

By Mass High Tech staff

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Steven Wasserman, chief financial officer at e-mail marketing provider Constant Contact Inc., has announced his resignation, effective March 31, 2010. Wasserman could potentially remain in his post longer if the transition for a new CFO takes longer.

The company did not offer a reason for Wasserman’s resignation. However, the departing CFO said in a press release, “My confidence in the company’s leadership and long-term growth opportunity is as strong now as it ever has been.”

Waltham-based Constant Contact (Nasdaq:CTCT) has retained executive search firm Heidrick and Struggles for the CFO replacement search.

More about Constant Contact
Constant Contact went public in October of 2007 with a $108 million IPO. The company reported a net loss of $2 million for 2008, on revenue of $87.3 million.

In October, Mass High Tech awarded Constant Contact CEO Gail Goodman an All-Star award for her efforts in building the small-business e-mail marketing software and online survey business.