AgEagle Aerial Systems Says On Aug 15, Got Notice From Nicole Fernandez-McGovern Co's CFO Which States That She Has Been Terminated For "Good Reason"; Currently In Discussions About Period Of Time She Will Remain With Company In Role Of CFO
Portfolio Pulse from Happy Mohamed
AgEagle Aerial Systems has received a notice from its CFO, Nicole Fernandez-McGovern, stating that she has been terminated for 'Good Reason'. The company is currently discussing the period of time she will remain in her role as CFO.
August 21, 2023 | 8:23 pm
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AgEagle Aerial Systems' CFO, Nicole Fernandez-McGovern, has been terminated. The company is discussing her remaining tenure.
The termination of a CFO is a significant event for a company. It can lead to uncertainty and instability, which can negatively impact the stock price in the short term. The company's discussions about the CFO's remaining tenure suggest that there may be some transition period, which could further contribute to uncertainty.
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