SPY(R) Inc. announced that Jim McGinty will assume the role of CFO, effective August 19, 2013. In addition, effective August 22, 2013, David Rane will join the company's Board of Directors. Throughout his career McGinty has honed his expertise in the retail sector, happily working with standouts and popular fashion purveyors Victoria's Secret, Structure, and Express, all functioning as divisions of Limited Inc. Most recently, and for the last 13 years, McGinty stoked the fire at Hot Topic Inc. where he served as Chief Financial Officer.

From 2007 and immediately prior to joining SPY, Rane served on the Board of Directors and as Audit Committee Chairman of Telanetix Inc. and currently consults on financial management and financing.