A spokesperson told OBJ he resigned to pursue another opportunity.
The digital content distributor did not disclose a reason for the resignation in a press release. A representative could not immediately be reached for comment.
"We would like to extend our sincerest thanks to Cory for his contribution and service to IDC and our shareholders over the past four years," stated CEO Fred Godard.
"We wish Cory all the best in his future endeavors. IDC is working diligently to fill the CFO position as soon as possible."
Mr. Garbolinksy will assist IDC with preparing its first-quarter filings, IDC added.
Last week, the company posted what it described as "disappointing" fiscal 2012 results. The firm's earnings before interest, taxes, depreciation and amortization fell to a loss of $1.4 million or two cents a share, compared with earnings of $1.6 million or three cents a share in fiscal 2011.
At the time, Mr. Godard stated the company is streamlining its operations and working on new businesses, such as providing direct-to-home satellite content to multi-dwelling units, gated communities, and hotels.
.jpg)
