CytoSorbents Appoints Peter J. Mariani As CFO, Effective August 14, 2024
Portfolio Pulse from Benzinga Newsdesk
CytoSorbents has appointed Peter J. Mariani as the new CFO, effective August 14, 2024. The current CFO, Kathleen P. Bloch, is retiring but will remain as a consultant to ensure a smooth transition.
August 13, 2024 | 8:25 pm
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CytoSorbents has appointed Peter J. Mariani as the new CFO, effective August 14, 2024. The current CFO, Kathleen P. Bloch, is retiring but will remain as a consultant to ensure a smooth transition.
The appointment of a new CFO and the retirement of the current CFO are significant leadership changes. However, the impact on the stock price is likely neutral in the short term as the transition is planned to be smooth with the outgoing CFO staying on as a consultant.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100