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InfoSonics names Overland exec as CFO

San Diego-based wireless handset company InfoSonics Corp. (Nasdaq: IFON) said Monday it has named longtime Overland Storage (Nasdaq: OVRL) executive Vernon A. LoForti as the company's chief financial officer.

LoForti, 57, will oversee all finance, administrative, information technology, investor relations and legal aspects for InfoSonics.

LoForti started at Overland in 1995 as its chief financial officer, eventually leading the company's initial public offering in 1997. He most recently served as Overland's president, chief executive officer and board member.

Prior to Overland, LoForti served as CFO for Priority Pharmacy and vice president of finance for Intermark.

LoForti began his career in public accounting with Price Waterhouse and holds a Bachelor of Science in accounting from Brigham Young University.

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