SAB Biotherapeutics Says CFO Michael King Will Be Departing, Effective June 4; Mark Conley Named As Interim CFO
Portfolio Pulse from Benzinga Newsdesk
SAB Biotherapeutics announced that CFO Michael King will be departing effective June 4, with Mark Conley named as Interim CFO. The Board has initiated a search for a permanent replacement.
May 30, 2024 | 8:47 pm
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SAB Biotherapeutics' CFO Michael King will be leaving the company on June 4. Mark Conley, the current VP of Finance, will serve as Interim CFO while the Board searches for a permanent replacement.
The departure of a CFO can create uncertainty, but the appointment of an interim CFO and the initiation of a search for a permanent replacement may mitigate immediate concerns. The impact on the stock price is likely neutral in the short term.
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