ProFrac Holding Says Lance Turner Will Resign As CFO Effective June 17, 2024; Austin Harbour Named As New CFO
Portfolio Pulse from Benzinga Newsdesk
ProFrac Holding announced that Lance Turner will resign as CFO effective June 17, 2024, and Austin Harbour will be named as the new CFO. Turner will serve as a consultant to ensure a smooth transition.
May 16, 2024 | 8:20 pm
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ProFrac Holding's CFO Lance Turner will resign effective June 17, 2024, with Austin Harbour taking over. Turner will consult to ensure a smooth transition.
The resignation of a CFO can be significant, but the planned transition and Turner's continued involvement as a consultant should mitigate potential disruptions. The market reaction is likely to be neutral in the short term.
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