Identiv Group announces $20M credit agreement Identiv announced that it has entered into a $20M term loan and line-of-credit agreement through Opus Bank's Technology Banking Division. The proceeds of the transaction will be used to retire existing debt and enhance liquidity.
Identiv CFO Brian Nelson appointed VP Business Strategy Identiv CFO Brian Nelson has been appointed Vice President of Business Strategy effective November 18, and will no longer serve as the company's CFO. In his new role, Nelson is expected to focus on cost optimization across the company and other strategic initiatives. Steve Finney, VP Finance, has been appointed as acting CFO. Finney has been with the company since February 2013. The company has initiated a search for a new CFO.