Aveanna Announces Resignation Of CFO David Afshar; Matt Buckhalter Named Interim CFO And Principal Financial Officer, Effective July 7, 2023
Portfolio Pulse from Benzinga Newsdesk
Aveanna Healthcare (AVAH) announced the resignation of CFO David Afshar, with Matt Buckhalter named as Interim CFO and Principal Financial Officer, effective July 7, 2023.
June 15, 2023 | 11:09 am
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Aveanna Healthcare's CFO David Afshar has resigned, and Matt Buckhalter will take over as Interim CFO and Principal Financial Officer on July 7, 2023.
CFO resignations can create uncertainty in the market, potentially leading to a short-term negative impact on the stock price. The appointment of an interim CFO may not provide immediate stability, as investors may be concerned about the company's financial leadership and direction. However, the impact may be mitigated if the new CFO is able to quickly establish credibility and demonstrate effective management.
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