Digital Island Inc founder Ron Higgins has resigned from the board of directors of the content distribution and hosting company, citing his desire to pursue private business and entrepreneurial interests as the reason. CEO Ruann Ernst will take his place, effective immediately.
Ruann and I share a common vision for the future of Digital Island, and I am confident that under her continued leadership the team will further strengthen the company’s competitive position within the industry, Higgins said. Ruann has led the company through a tremendous period of growth, and as chairman she can further leverage her extensive technical and management experience to take Digital Island to the next level. The company is in the midst of a merger with Sandpiper Inc. Its shares closed down $5 at $135.25.
