Duluth Holdings Inc CFO Dave Loretta to Step Down Effective September 15 to Join Another Employment Opportunity, Chief Accounting Officer Will Serve as Interim CFO While the Company Initiated a Search for a Permanent Replacement
Portfolio Pulse from Benzinga Newsdesk
Duluth Holdings Inc announced that CFO Dave Loretta will step down on September 15, 2023, to pursue another employment opportunity. The company has initiated a search for a permanent replacement. In the interim, Michael Murphy, the current Chief Accounting Officer, will serve as CFO.
August 31, 2023 | 10:53 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
The departure of CFO Dave Loretta may cause short-term uncertainty for Duluth Holdings. However, the appointment of Michael Murphy as interim CFO could provide stability due to his experience.
CFO changes often lead to short-term uncertainty as investors assess the impact on the company's financial strategy. However, the appointment of an experienced interim CFO could mitigate some of this uncertainty.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100