Ballard Power Systems Names Kate Igbalode As Its New CFO Effective Immediately And Lee Sweetland As New COO Effective At The End Of 2024; Paul Dobson And Mark Biznek To Depart
Portfolio Pulse from Benzinga Newsdesk
Ballard Power Systems has appointed Kate Igbalode as the new CFO and Lee Sweetland as the new COO. The company maintains its 2024 guidance for operating expenses and capital expenditures.
September 12, 2024 | 9:36 pm
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Ballard Power Systems has announced leadership changes with Kate Igbalode as CFO and Lee Sweetland as COO. The company also reiterated its 2024 financial guidance.
The appointment of a new CFO and COO could signal strategic changes, but the reiteration of financial guidance suggests stability. The market may view this as neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100