Target Global Acquisition CEO Shmuel Chafets Resigns But Remains Director, Chief Investment Officer Yaron Valler Resigns, And Michael Minnick Appointed As New CEO Effective Immediately
Portfolio Pulse from Benzinga Newsdesk
Target Global Acquisition announced that CEO Shmuel Chafets has resigned but will remain as a director. Chief Investment Officer Yaron Valler has also resigned. Michael Minnick has been appointed as the new CEO effective immediately.
May 31, 2024 | 8:14 pm
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Target Global Acquisition's CEO Shmuel Chafets and CIO Yaron Valler have resigned. Michael Minnick has been appointed as the new CEO effective immediately.
The resignation of key executives and the appointment of a new CEO can lead to uncertainty in the short term. However, the immediate appointment of Michael Minnick as CEO may stabilize the situation.
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