Coinstar, Inc. (NASDAQ: CSTR) today announced that Keith D. Grinstein, Chairman of the Board, passed away last weekend. Mr. Grinstein had been a director of the Company since August 2001 and served as the Board of Directors' non-employee Chairperson since June 2002.
"We are deeply saddened by the loss of our friend and chairman Keith Grinstein," said Dave Cole, Chief Executive Officer of Coinstar, Inc. "We are truly appreciative of his years of service to the Company. Keith was always a beacon of light, optimism, energy and humor within Coinstar. His wisdom and guidance through a myriad of challenges and opportunities was an important factor in our growth and success. We will truly miss him."
About Coinstar, Inc.
Coinstar, Inc. (NASDAQ:CSTR) is a multi-national company offering a range of 4th Wall™ solutions for the retailers' front of store consisting of self-service coin counting, electronic payment solutions, entertainment services, money transfer and self-service DVD rental. The company's products and services can be found at more than 50,000 retail locations including supermarkets, drug stores, mass merchants, financial institutions, convenience stores and restaurants.