Runway Growth Finance Chairman, President And CEO David Spreng Takes Medical Leave of Absence; Thomas Raterman Appointed To Acting President During Absence
Portfolio Pulse from Benzinga Newsdesk
Runway Growth Finance's Chairman, President, and CEO, David Spreng, has taken a medical leave of absence. During his absence, Thomas Raterman has been appointed as the Acting President.
July 31, 2023 | 9:06 pm
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David Spreng, CEO of Runway Growth Finance, is on medical leave. Thomas Raterman will serve as Acting President in his absence.
Leadership changes can cause uncertainty among investors, potentially impacting the stock's performance. However, the appointment of an Acting President may mitigate some of this uncertainty. The exact impact will depend on investor sentiment towards the new Acting President and the duration of the CEO's absence.
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