SAN DIEGO — Iomega Corp., the unprofitable manufacturer of Zip and other data-storage products for personal computers, announced Monday that chief financial officer Barry Zwarenstein quit.

His resignation is effective June 11, the San Diego-based company said. Zwarenstein said in a statement he accepted a job as chief financial officer of a San Francisco Bay Area company.

Stock in Iomega, which has significant operations in Utah and used to be headquartered in Roy, is trading at a 52-week low.

The search for a replacement for Zwarenstein is under way, Iomega spokesman Chris Romoser said in a telephone interview. Iomega last week reported a first-quarter loss and said sales had dropped 21 percent from a year earlier.

Sales of Iomega's removable Zip and Jaz data-storage products have suffered during the past year under competition from inexpensive CD burners that are increasingly common in home PCs.

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Shares of Iomega fell 13 cents, or 2.9 percent, to close at $4.40 Monday on the New York Stock Exchange. The stock has dropped 57 percent in the last year.

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