Talos Energy Names New CFO As Shannon Young Resigns
Portfolio Pulse from Lekha Gupta
Talos Energy (NYSE:TALO) has appointed Sergio L. Maiworm Jr. as the new CFO and Senior Vice President, effective July 1, 2023. He replaces Shannon E. Young, III, who is leaving to join another E&P company. TALO recently reported Q1 2023 revenues of $322.6 million, missing the consensus of $370.9 million.
June 16, 2023 | 10:49 am
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Talos Energy appoints Sergio L. Maiworm Jr. as new CFO, effective July 1, 2023. Q1 2023 revenues missed consensus by $48.3 million.
The appointment of a new CFO with significant experience may be seen as a positive move for the company. However, the recent earnings miss could offset any potential positive impact on the stock price in the short term. Therefore, the overall impact is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100