Hovnanian Enterprises Announces Retirement Of Larry Sorsby, Executive Vice President And Chief Financial Officer, Effective October 31, 2023; Brad G. O'Connor, Appointed Chief Financial Officer, Effective November 1, 2023
Portfolio Pulse from Happy Mohamed
Hovnanian Enterprises (NYSE:HOV) announced the retirement of CFO Larry Sorsby, effective October 31, 2023. Brad G. O'Connor will succeed him as CFO, effective November 1, 2023.
June 20, 2023 | 12:43 pm
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Hovnanian Enterprises' CFO Larry Sorsby is retiring, with Brad G. O'Connor taking over the role on November 1, 2023.
The retirement of CFO Larry Sorsby and appointment of Brad G. O'Connor is a planned transition, which should not have a significant short-term impact on the stock price. However, it is important for investors to monitor the new CFO's performance and any changes in financial strategy.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100