Heritage Commerce Corp Announces Chief Financial Officer Succession
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Heritage Commerce Corp has announced a CFO succession plan. Lawrence D. McGovern will depart in February 2025, and Thomas A. Sa will serve as the interim CFO.
November 13, 2024 | 10:30 pm
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Heritage Commerce Corp announced that Lawrence D. McGovern will leave his position as CFO in February 2025, with Thomas A. Sa stepping in as interim CFO.
The announcement of a CFO succession plan is significant for Heritage Commerce Corp as it indicates a planned transition in financial leadership. However, since the change is scheduled for 2025, the immediate impact on the stock price is likely neutral.
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