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AZEK

The AZEK Company Inc. (NYSE:AZEK) has completed the sale of its Vycom business, a division of its Commercial segment, to Plaskolite, LLC. In connection with the sale, Jonathan Skelly has been appointed President for Residential and Commercial Businesses. Scott Van Winter will continue leading operations in Scranton as President of Scranton Products.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:17 pm

RANI

Rani Therapeutics has announced a strategic program prioritization, expansion of manufacturing, and plans to streamline business operations to support near-term value drivers and long-term growth of the RaniPill Technology Platform.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:14 pm

CDNA

CareDx, Inc. (NASDAQ:CDNA) announced that CEO Dr. Reginald Seeto will step down from his position effective November 1, 2023, and transition to the role of Senior Advisor to the Chairperson. The company has established an Office of the CEO and initiated a search for a permanent CEO. CareDx also raised its 2023 revenue guidance to $274M-$278M, up from the estimated $255.42M.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:12 pm

BMRN

BioMarin Pharmaceutical Inc. has announced the retirement of its CEO, Jean-Jacques Bienaimé. Alexander Hardy has been appointed as the new President and Chief Executive Officer.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 9:10 pm

INFA

Informatica has announced a restructuring plan that will reduce its global workforce by 10%. This is a direct result of its cloud-only, consumption-driven strategy announced in January 2023. The company expects no impact to its full-year 2023 guidance.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:30 pm

PYPL

PayPal has appointed Jamie Miller as its new Chief Financial Officer, effective from November 6.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:25 pm

CWST

Casella Waste Systems, Inc. (NASDAQ:CWST) has announced the hiring of Bradford J. Helgeson as the new Executive Vice President & Chief Financial Officer, effective November 6, 2023. Helgeson previously served in the same role at Covanta Holding Corporation for over eight years. The move is part of Casella's succession planning, allowing current President & CFO, Edmond 'Ned' R. Coletta, to focus solely on his role as President.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:11 pm

BR

Aviad Stein, global head of innovation at Broadridge Financial Solutions (NYSE:BR), will be a panelist at Benzinga's Future of Digital Assets conference. Stein aims to leverage emerging technologies like Web3, AI, and digital assets to foster innovation within Broadridge. He has launched and scaled new products and services like the Broadridge Data Insights Platform, the Broadridge Blockchain Center of Excellence, and the Broadridge Digital Assets Network. Stein emphasizes the importance of executive-level acknowledgment for driving change and transformation.

Portfolio Pulse from Stjepan Kalinic

November 01, 2023 | 5:02 pm

VZ

Verizon Communications Inc. has officially appointed Tony Skiadas as its Chief Financial Officer (CFO). Skiadas had been serving as the interim CFO since March.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 4:13 pm

AYRWF

AYR Wellness Inc. has entered into a transaction support agreement with the holders of approximately 75% of the aggregate outstanding principal amount of the company's 12.5% senior notes due December 2024. The deal includes transferring the existing senior notes to a newly formed subsidiary, issuing new senior notes, and offering additional senior notes. The company also announced an agreement with LivFree Wellness, LLC, to amend terms of a promissory note. Upon completion of the transactions, AYR will have retired or extended the maturity of nearly $400 million in debt for an additional two years.

Portfolio Pulse from Jelena Martinovic

November 01, 2023 | 3:38 pm