Bausch Health Companies Says CFO Tom Vadaketh Has Resigned From His Role To Pursue Another Opportunity,
Portfolio Pulse from Benzinga Newsdesk
Bausch Health Companies announced that CFO Tom Vadaketh has resigned to pursue another opportunity. He will leave the company effective October 13, 2023. John S. Barresi, currently the Company’s Senior Vice President, Controller and Chief Accounting Officer, will serve as interim CFO.
September 18, 2023 | 9:36 pm
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Bausch Health Companies' CFO, Tom Vadaketh, has resigned. John S. Barresi will serve as interim CFO from October 13, 2023.
CFO changes can lead to uncertainty and potential instability in a company's financial management, which can negatively impact the stock price in the short term. However, the appointment of an interim CFO from within the company may mitigate some of this impact.
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