CAE Says CFO Sonya Branco Intends To Step Down From Her Position At The End Of August To Pursue Other Interests; Names Constantino Malatesta As Interim CFO
Portfolio Pulse from Benzinga Newsdesk
CAE announced that CFO Sonya Branco will step down at the end of August to pursue other interests. Constantino Malatesta has been named as the interim CFO.
July 25, 2024 | 9:06 pm
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NEUTRAL IMPACT
CFO Sonya Branco will step down at the end of August, and Constantino Malatesta will serve as interim CFO.
The departure of a CFO can create uncertainty, but the appointment of an interim CFO suggests a smooth transition. The market may react neutrally in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100