http://biz.yahoo.com/e/060925/wpte8-k.html
I had met both (soon to be former) CFO Todd Steele and Controller/CFO-designate Scott Friedman very briefly only two weeks ago when they were with Mr. Lipscomb in San Francisco at the ThinkEquity Growth Conference.
Todd Steele is joining a "private equity" firm, which means he could be joining either a "venture capital" firm, or a "leveraged buyout" firm, or a firm that does a combination of the two among other things.