Streetbeat News

Labor Issues

PATK

Patrick Industries, Inc. (NASDAQ:PATK) announced the appointment of Andy Roeder as Executive Vice President-Finance, Chief Financial Officer (CFO), and Treasurer, effective March 5. Roeder, with extensive experience in finance and the marine industry, including roles at Polaris Boats and Bennington Marine, is expected to support Patrick's strategic growth in the Outdoor Enthusiast and Housing markets. The company expressed confidence in Roeder's ability to contribute to its financial foundation and growth objectives. Matt Filer, who served as Interim CFO since May 2023, will resume his role as Senior Vice President-Finance and take on the role of Corporate Controller.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:33 pm

WDC

Western Digital Corp. (NASDAQ:WDC) is progressing with its plan to separate into two independent, publicly traded companies, focusing on HDD and Flash businesses, by the second half of 2024. The company has made significant advancements in preparation, including establishing legal entities, transferring contracts, and appointing executive leaders for both future companies. David Goeckeler is appointed as CEO Designate for the Flash company, while Irving Tan will become CEO of the standalone HDD company, continuing as Western Digital.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:31 pm

JOBY

Joby Aviation has acquired a new facility in Ohio and has started hiring to support its initial manufacturing operations. This move marks a significant step for Joby as it ramps up its efforts to begin production.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:17 pm

SABR

Sabre Corporation (NASDAQ:SABR), a global travel technology provider, announced Gail Mandel as the new non-executive Chair of the Board, effective at the 2024 Annual Meeting on April 24. Mandel, a former Wyndham Worldwide executive and current Sabre Board member since April 2020, will succeed Sean Menke, who is retiring. Mandel's leadership aims to drive Sabre's strategic transformation, focusing on innovation and sustainable growth. Menke, having served since 2016, is credited with leading Sabre through significant challenges and technological advancements.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:17 pm

IXHL

Incannex Healthcare announced the resignation of CFO and Secretary Madhukar Bhalla, effective February 28, 2024, with no disagreements cited. Joseph Swan, currently Treasurer and Controller, will assume the CFO and Secretary roles on February 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 11:21 am

LUXH

Luxurban Hotels announced that Shanoop Kothari and the company executed an amended and restated employment agreement on March 1. Kothari will transition from Co-CEO and CFO to the roles of sole CEO and acting CFO.

Portfolio Pulse from Charles Gross

March 05, 2024 | 11:12 am

GNL

James L. Nelson, President and Co-CEO of Global Net Lease (GNL), announced his resignation effective around March 31. Edward M. Weil, Jr. will assume the role of sole CEO following Nelson's departure.

Portfolio Pulse from Charles Gross

March 04, 2024 | 10:27 pm

WTTR

Select Water Solutions has appointed Chris George as the new Executive Vice President and CFO, effective immediately. The company also plans to enter into a separation agreement with former CFO Nick Swyka, stating his departure is not due to any conflict or disagreement.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:21 pm

CCS

Century Communities, Inc. (NYSE:CCS), a leading national homebuilder, announced the departure of CFO David L. Messenger on March 22, 2024, after a decade with the company. J. Scott Dixon, currently Assistant CFO, will serve as Interim CFO. The company is searching for a permanent CFO, considering both internal and external candidates. Dixon, with over 10 years at Century and a background in financial management and accounting, is recognized for his leadership and expertise.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:15 pm

LARK

Landmark Bancorp, Inc. (LARK) announced the appointment of Abigail (Abby) Wendel as the new president and CEO, effective March 29, 2024. Wendel, joining from UMB Bank, brings extensive banking industry experience. She replaces Michael Scheopner, who will retire at the end of the year. The leadership transition is part of Landmark's ongoing growth and success strategy.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:01 pm