Avalon Holdings Says Bryan P. Saksa Resigned As CFO, Treasurer And Secretary On April 26, 2023
Portfolio Pulse from Benzinga Newsdesk
Avalon Holdings announced the resignation of Bryan P. Saksa as CFO, Treasurer, and Secretary on April 26, 2023. Stefanie Villella, Corporate Controller of Avalon, has been appointed as interim CFO and Treasurer. The company has initiated a search for a new CFO and Treasurer.
June 28, 2023 | 11:37 am
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The resignation of Bryan P. Saksa and the appointment of Stefanie Villella as interim CFO and Treasurer could cause short-term uncertainty for Avalon Holdings.
Changes in key management positions, such as CFO, can cause uncertainty among investors and potentially impact the company's stock price in the short term. The appointment of an interim CFO indicates that the company is in a transition period, which could lead to volatility in the stock price.
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