AlTi Global Says Christine Zhao Will Be Stepping Down As CFO, Effective June 15
Portfolio Pulse from Benzinga Newsdesk
AlTi Global announced that Christine Zhao will step down as CFO effective June 15. Reid Parmelee, the company's Global Controller, has been appointed interim CFO.
June 01, 2023 | 8:56 pm
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AlTi Global's CFO Christine Zhao is stepping down on June 15, with Reid Parmelee appointed as interim CFO.
The departure of a CFO can create uncertainty for a company, but the appointment of an interim CFO from within the company, Reid Parmelee, should help ensure a smooth transition. The short-term impact on the stock price is likely to be neutral as the market digests the news and awaits further developments.
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