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August 12, 2011

Ken Boenish Resigns as NOOF President

BOULDER, CO.—Ken Boenish resigned as president of New Frontier Media on Aug 2, according to an SEC filing by the publicly traded Boulder-based adult-themed pay-per-view network provider. The Aug. 2 8-K filing states that Boenish, who has been with the company for more than a decade serving in different capacities, will continue to provide consulting and other "transitional and support" services as an independent contractor for a period of one year, during which time he will be paid $30,000 a month plus expenses. The company further states that it "does not at this time believe that the resignation will have a material adverse effect on the Registrant’s results of operations or financial condition. More information about New Frontier Media can be found here.

 
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