Beam Global Names Lisa Potok As Chief Financial Officer
Portfolio Pulse from Benzinga Newsdesk
Beam Global has appointed Lisa Potok as its new Chief Financial Officer, succeeding Kathy McDermott who is stepping down to pursue other interests. McDermott has been the CFO since 2019 and will continue to support the company throughout 2023 and as an advisor thereafter to ensure a smooth transition.
December 07, 2023 | 7:33 am
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NEUTRAL IMPACT
Beam Global appoints Lisa Potok as CFO, with Kathy McDermott stepping down but remaining to assist through 2023. The transition is expected to be smooth with McDermott's ongoing support.
CFO transitions are significant for companies, but since Kathy McDermott is staying on through 2023 to assist, the impact is likely to be neutral in the short term. Investors typically view executive continuity favorably, and the advisory role of the outgoing CFO may mitigate concerns.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100