Trex Company Says Dennis Schemm Resigned As Senior Vice President And CFO
Portfolio Pulse from Benzinga Newsdesk
Trex Company announced that Dennis Schemm has resigned as Senior Vice President and CFO to accept a position closer to family. The company has begun searching for a new CFO, with Bryan Fairbanks assuming interim responsibilities from June 9, 2023.
May 24, 2023 | 8:21 pm
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Trex Company's CFO Dennis Schemm has resigned, and the company is searching for a replacement. Bryan Fairbanks will assume interim CFO responsibilities from June 9, 2023.
The resignation of a key executive like the CFO can create uncertainty and potentially impact the company's stock price in the short term. The company has started searching for a replacement, but until a new CFO is appointed, there may be concerns about the company's financial management.
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