Selective Insurance Group Says Mark Wilcox, Executive Vice President, CFO, Has Resigned, Effective November 3, 2023
Portfolio Pulse from Benzinga Newsdesk
Selective Insurance Group's Executive Vice President and CFO, Mark Wilcox, has resigned effective November 3, 2023. He will continue in his current position until after the company reports its third quarter 2023 earnings.
October 03, 2023 | 8:17 pm
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Selective Insurance Group's CFO, Mark Wilcox, has resigned. His departure will be effective from November 3, 2023, after the Q3 2023 earnings report.
The resignation of a key executive like the CFO can create uncertainty about the company's financial management, which may negatively impact the stock price in the short term. However, the fact that Wilcox will remain in his position until after the Q3 2023 earnings report provides some continuity and may mitigate immediate negative reactions.
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