LeapFrog CFO resigns

EMERYVILLE, Calif. — Educational toy manufacturer LeapFrog Enterprises announced that chief financial officer Mark Etnyre has resigned from the company in order to spend more time with his family and pursue personal interests. The resignation will be effective as of Oct. 1.

"Mark has built an excellent finance organization and made significant contributions to LeapFrog's success over the past five years," said John Barbour, LeapFrog's chief executive officer.  "During his tenure, we improved our financial operations and significantly improved our balance sheet and profitability.  We thank Mark for his hard work and dedication, and we wish him the best."

Commenting on his decision, Etnyre said, "I joined LeapFrog because of the importance of helping children achieve their potential and to be a part of an exciting turnaround.  The progress over the last five years has been both transformational and rewarding. However, in recent months, personal considerations have shifted my priorities closer to home and my immediate family.  LeapFrog is a special place, and I thank JB and LeapFrog's board for the opportunities they have given me."