Robert Finigan resigned as president of Life Clips Inc. on Wednesday, according to a Securities and Exchange Commission filing.

Finigan served as president of the company since Oct. 13, 2016, following Bob Gruder, who relinquished his duties to focus on other company efforts.

Finigan has over 20 years of branding experience, serving as chief branding officer and previous global chief marketing officer for private-equity backed Modere, as well as the chief creative officer for Siesmic Partners.

He has also worked for Mood Media, Bank of America and various agencies and start-ups. Finigan is the principal and founder of Black Labs Ventures LLC, a strategy-consulting firm.

According to the 8-K filing, Finigan’s resignation is not a result of any controversy with the company or any of its subsidiaries.

On Jan. 12, Gruder resigned as CEO of Life Clips, according to a similar SEC filing. Gruder’s resignation was not a result of any disagreements with the company.

While the company said it has not hired an interim CEO to replace Gruder, it has appointed Victoria Rudman to fill Gruder’s other positions, such as the company’s chief financial officer, secretary and treasurer, as well as a member of Life Clips’ board of directors.

Charlotte-based Life Clips is a startup company that sells actions cameras and battery products and is looking to compete with the popular action camera GoPro.

Life Clips trades on the OTC Markets under the ticker LCLP. It is currently trading at 1 cent per share and has been steadily falling since a high of $2.10 last January.