The company is now beginning the search for Miller’s replacement.
“I couldn’t be more proud of the work I’ve done at New Frontier,” Miller said in a statement. “Our company is profitable, financially strong, and poised for even greater growth. Miller said she plans to spend at least a year camping and backpacking across the U.S.
Miller, 41, has been with the company since February 1999. According to the Denver Business Journal, Miller earned $180,000 per year for the past two years.
“Karyn has been with New Frontier for nearly nine years and has been a key contributor to our success,” said Michael Weiner, chief executive of New Frontier Media. “She will certainly be missed.”
Under The Erotic Networks brand, the company delivers seven full-time, adult-themed pay-per-view networks to cable and satellite operators across the country. Additionally, New Frontier is a leading provider of adult-themed video-on-demand content to cable and satellite platforms, as well as to the hospitality industry. These services reach more than 139 million network homes.
New Frontier is a publicly traded company on the NASDAQ exchange. Its stock price has fluctuated between $6.45 and $10.25 during the last 52 weeks.
