Socket Mobile Appoints Lynn Zhao As CFO

Replacing David Dunlap Who Is Retiring After 24 Years Of Service

NEWARK, Calif., May 20, 2019 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), an innovative provider of mobile productivity solutions, today announced that Lynn Zhao, 50, has been appointed to the position of Vice President of Finance and Administration, Secretary and Chief Financial Officer.  Ms. Zhao has served as the Company's Controller since January 2015 and was appointed as Vice President and Controller in September 2017. She has served as a member of the Company's Executive Leadership team since her appointment as Vice President and Controller.  Ms. Zhao previously served as the Company's General Accounting Manager from December 2000 through January 2015.  Ms. Zhao holds an MBA degree from San Jose State University and a Bachelor of Science degree in chemistry from Xiamen University in China.  Ms. Zhao was previously nominated by the Nominating Committee of the Company's Board of Directors to stand for election as a management member of the Board of Directors at the Company's annual meeting of stockholders to be held on May 22, 2019.  

"We are delighted to appoint Lynn as CFO, after having provided Socket Mobile with 19 years of financial leadership in increasingly responsible leadership positions. We believe Lynn is the right person to build the financial organization for the growth we expect to achieve in the coming years," said Kevin Mills, President and CEO. 

David Dunlap, 76, has served as CFO since 1995 and is scheduled to retire on June 30, 2019. Mr. Dunlap will continue to serve as a member of the Board of Directors and will continue to actively work with the Company as a consultant following his retirement.  

"We would also like to recognize Dave's 24 years of service and his tremendous contributions to the company, including bringing the company public in 1995, compliance with Sarbanes-Oxley and numerous other achievements.  We look forward to continuing to work with him as both a board member and consultant, and wish him health and happiness in his retirement," said Kevin Mills, President and CEO. 

 

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