Richard Moore, CEO of Dark Blue Sea, and parent company of Fabulous.com, is stepping down from his position as of June 30, 2009 when his current contract expires. Replacing Moore will be Gregory Platz, the current Chief Financial Officer.
In a company announcement, Dark Blue Sea announced that after eight years in the position of CEO, Moore will step down but remain with the Board as an executive director on a half time basis focussing on areas such as corporate strategy and development, investor relations, high level relationship with major partners, customer and suppliers and appropriate areas.