Standard BioTools Says CFO Jeffrey Black Will Resign From Company, Effective August 31, 2024
Portfolio Pulse from Benzinga Newsdesk
Standard BioTools announced that CFO Jeffrey Black will resign effective August 31, 2024. Alex Kim, the COO and co-founder, will serve as interim CFO starting September 1, 2024. The company is searching for a permanent successor.
July 31, 2024 | 10:22 pm
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Standard BioTools' CFO Jeffrey Black will resign effective August 31, 2024. COO Alex Kim will serve as interim CFO starting September 1, 2024. The company is searching for a permanent successor.
The resignation of a CFO can create uncertainty and potential instability within a company, which may negatively impact investor confidence and the stock price in the short term. The appointment of an interim CFO and the search for a permanent successor add to this uncertainty.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100