INNOVATE Names COO Suzi Herbst As Interim CEO Following The Untimely Passing Of CEO Wayne Barr
Portfolio Pulse from Benzinga Newsdesk
Following the untimely passing of CEO Wayne Barr, INNOVATE has named COO Suzi Herbst as the interim CEO. The company has not mentioned any further plans for a permanent replacement.
July 24, 2023 | 5:15 am
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The sudden change in leadership at INNOVATE could lead to uncertainty among investors, potentially impacting the stock price of VATE in the short term.
Leadership changes, especially sudden ones due to unfortunate circumstances, can lead to uncertainty among investors. This uncertainty can often result in short-term volatility in the stock price. As INNOVATE is directly related to VATE, this news is highly relevant and could potentially impact VATE's stock price.
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