Inari Medical Announces Mitch Hill, CFO, Will Retire Effective October 1, 2024 And Will Be Succeeded By Kevin Strange
Portfolio Pulse from Benzinga Newsdesk
Inari Medical (NASDAQ:NARI) announced that CFO Mitch Hill will retire effective October 1, 2024, and will be succeeded by Kevin Strange, the current SVP of Finance, Accounting, Strategy, and Business Development.
July 30, 2024 | 8:58 pm
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Inari Medical announced that CFO Mitch Hill will retire effective October 1, 2024, and will be succeeded by Kevin Strange. This leadership transition may bring some uncertainty but is mitigated by Strange's extensive experience within the company and the medical device industry.
The announcement of a CFO transition can create short-term uncertainty for investors. However, Kevin Strange's internal promotion and his extensive experience within the company and the industry should provide stability. The market reaction is likely to be neutral in the short term.
CONFIDENCE 90
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RELEVANCE 100