Azure Dynamics Corp. announced that Ryan Carr, Chief Financial Officer, has resigned as CFO of the company and Stephen Lee, Vice President, Finance & Corporate Controller, has been appointed as interim CFO until a permanent replacement is named. Mr. Carr will remain as a non-officer employee until February 16, 2012 to assist in the transition. Mr. Lee, age 35, has been with Azure for a total of five years in various financial management positions with increasing responsibility and most recently as the Vice President, Finance and Corporate Controller since June, 2010. Mr. Lee was previously the Chief Financial Officer of Carmanah Design and Manufacturing Inc.