Cementos Pacasmayo S.A.A. Announces CFO Succession Plans
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Cementos Pacasmayo S.A.A. (NYSE: CPAC) announced the planned succession of its CFO, Manuel Ferreyros, who will step down on March 31, 2025, after 17 years of service. The transition has been meticulously planned.
December 16, 2024 | 8:00 pm
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Cementos Pacasmayo announced the planned departure of its long-serving CFO, Manuel Ferreyros, in 2025. The company has ensured a smooth transition with a meticulously planned succession process.
The announcement of a CFO succession plan is significant for investors as it indicates stability and foresight in leadership transition. However, since the transition is planned for 2025 and has been meticulously prepared, the immediate impact on stock price is likely neutral.
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