On September 13, 2023, Coherent and CFO Mary Jane Raymond Mutually Agreed That She Would Conclude Her Services September 29, 2023
Portfolio Pulse from Benzinga Newsdesk
Coherent's CFO, Mary Jane Raymond, will conclude her services on September 29, 2023. The company will commence a global search for her successor. In the interim, Richard Martucci, Senior Vice President, Business Operations, will serve as CFO and Treasurer from September 30, 2023.
September 15, 2023 | 10:14 am
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Coherent's CFO, Mary Jane Raymond, is stepping down. Richard Martucci will serve as interim CFO. The company is searching globally for a permanent successor.
The departure of a CFO can cause uncertainty, potentially impacting the stock price. However, the appointment of an interim CFO and the search for a permanent replacement may mitigate this impact. The exact effect on the stock price will depend on market perception of the company's handling of the transition.
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