Roblox Announces CFO Michael Guthrie To Leave Company; Guthrie To Remain As CFO During Search For New Finance Chief And Transition Period
Portfolio Pulse from Benzinga Newsdesk
Roblox announced that CFO Michael Guthrie will be leaving the company. Guthrie will remain as CFO during the search for a new finance chief and the transition period.
August 01, 2024 | 12:52 pm
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Roblox's CFO Michael Guthrie is leaving the company, but will remain during the search for a new CFO and the transition period.
The departure of a CFO can create uncertainty and potential instability within a company, which may negatively impact investor sentiment and short-term stock prices. However, the fact that Guthrie will remain during the transition period may mitigate some of the negative impact.
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