Allot Ltd Commenced Formal Search for New CFO After Ziv Leitman Disclosed Plans to Depart to Join A Startup,
Portfolio Pulse from Benzinga Newsdesk
Allot Ltd. announced CFO Ziv Leitman is leaving to join a startup. The company has started searching for a new CFO, with Leitman to remain until June 30, 2024, for a smooth transition.
April 11, 2024 | 9:09 am
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NEUTRAL IMPACT
CFO Ziv Leitman's departure may lead to short-term uncertainty but the transition plan could mitigate impact.
CFO transitions can lead to short-term market uncertainty due to potential changes in financial strategy or investor concerns. However, the detailed transition plan and the search for a new CFO indicate that Allot Ltd. is managing the situation proactively, likely mitigating any negative impact.
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