Alpine Income Property Trust Announces Chief Financial Officer Matthew M. Partridge, Has Resigned From The Company, Effective As Of April 1, 2024
Portfolio Pulse from Benzinga Newsdesk
Alpine Income Property Trust, Inc. (PINE) announced the resignation of CFO Matthew M. Partridge, effective April 1, 2024. Partridge will assist during the transition period in Q1 reporting. The company has started searching for a new CFO. Partridge contributed to key initiatives and the development of the finance team, now led by Lisa Vorakoun.
February 28, 2024 | 10:00 pm
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NEUTRAL IMPACT
CFO Matthew M. Partridge's resignation from Alpine Income Property Trust may lead to short-term uncertainty but also opens opportunities for new leadership.
CFO departures can cause short-term market uncertainty due to potential concerns over financial leadership and direction. However, the company's proactive approach in searching for a new CFO and the existing strong finance team led by Lisa Vorakoun may mitigate negative impacts and potentially bring fresh perspectives and strategies to PINE.
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IMPORTANCE 75
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