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Limelight Names Lindroth as New CFO

After an "extensive search," Limelight Networks Inc. (Nasdaq: LLNW) says it found a new CFO -- on its board of directors. But analysts are divided on whether the announcement signals that Limelight is looking at being acquired, or if it just signals business as usual.

Limelight announced today that board member Douglas Lindroth would take over the CFO role that was abandoned by former finance chief Matt Hale earlier this year. With the appointment, Lindroth has resigned his board seat, and Limelight will seek out a new independent board member to take his place.

Read on, at Contentinople.

— Ryan Lawler, Senior Editor, Contentinople

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