Ubiquiti Networks, Inc. announced that Craig L. Foster, the company's Chief Financial Officer and member of the company's Board of Directors, has resigned to accept a position with another company. Hartley Nisenbaum, Executive Vice President of Operations and Legal Affairs, has been appointed as the company's interim Chief Financial Officer. Mr. Foster's duties as principal financial officer and principal accounting officer will be performed on an interim basis by Rohit Chakravarthy, Vice President of Finance and Corporate Controller, who has also been appointed as the company's Chief Accounting Officer.