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Intervoice CEO Robert Ritchey to retire

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By AP
09 July 2008 @ 06:01 pm EST

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DALLAS - Telecommunications products and services provider Intervoice Inc. said Wednesday Chief Executive Robert Ritchey will retire at the end of August, to be replaced by Jim Milton, currently president and chief operating officer.

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Ritchey will continue to serve as a director and is a nominee for re-election to the company's board at its annual shareholder meeting on July 16.

Ritchey joined Intervoice in 2000 and Milton joined in January 2006.

Intervoice makes call automation hardware and software systems for telecommunications network operators.

Shares rose 21 cents, or 3.9 percent, to $5.56 in after-hours electronic trading. The stock closed the regular session down 25 cents at $5.35.

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