eXp World Holdings Initiates Chief Financial Officer Transition Plan; Current CFO Jeff Whiteside To Remain At eXp World Holdings Through Dec. 1, 2023; Chief Accounting Officer Kent Cheng To Serve As Principal Financial Officer
Portfolio Pulse from Benzinga Newsdesk
eXp World Holdings, Inc. (NASDAQ:EXPI) announced that CFO Jeff Whiteside is stepping down and a search process has been initiated for his successor. Whiteside will remain with the company until Dec. 1, 2023 to support the transition. In the interim, Chief Accounting Officer Kent Cheng will serve as Principal Financial Officer.
November 09, 2023 | 2:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
eXp World Holdings' CFO Jeff Whiteside is stepping down. Kent Cheng, the current Chief Accounting Officer, will serve as the interim Principal Financial Officer.
The CFO transition at eXp World Holdings is a significant event, but it's not expected to have a major impact on the company's stock price in the short term. The company has a transition plan in place, with the current CFO remaining until Dec. 1, 2023, and the Chief Accounting Officer stepping in as the interim Principal Financial Officer. This suggests a smooth transition, which should not cause significant disruption to the company's operations or financial performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100