Calumet Specialty Products Partners Said Vince Donargo Has Elected To Step Down As CFO On December 31, 2023; David Lunin Will Be Appointed CFO On January 1, 2024
Portfolio Pulse from Charles Gross
Calumet Specialty Products Partners announced that CFO Vince Donargo will step down on December 31, 2023, and David Lunin will be appointed as the new CFO on January 1, 2024.
September 12, 2023 | 9:29 pm
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NEUTRAL IMPACT
The announcement of CFO Vince Donargo's departure and David Lunin's appointment may cause short-term uncertainty for Calumet Specialty Products Partners.
Changes in key management positions, such as the CFO, can lead to short-term uncertainty as investors assess the potential impact of the new CFO's strategies and policies on the company's performance. However, the long-term impact will depend on how effectively the new CFO manages the company's finances and communicates with investors.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100