- Qurate Retail Group, part of Qurate Retail Inc (NASDAQ:QRTEA), said its Chief Financial Officer Jeffrey A. Davis has resigned from the company.
- The Group has appointed James Hathaway as its interim CFO.
- Hathaway joined Qurate Retail Group in May 2021 as Senior Vice President to lead finance for its largest reporting unit, QxH.
- Qurate Retail Group also announced the creation of a Chief Transformation Officer role with the primary focus to accelerate the implementation of Project Athens, a three-year plan to stabilize revenue, expand adjusted OIBDA margin and generate incremental free cash flow.
- William Hunter has been promoted to Chief Transformation Officer from Senior Vice President, Business Transformation & Shared Services, to lead the transformation.
- Price Action: QRTEA shares are trading lower by 5.21% at $3.37 on the last check Wednesday.
What’s Going On With Block Inc Stock?
Block, Inc. (NYSE: SQ) shares are lower Friday, and the stock has fallen nearly 10% in the last five days. Here's a look at what's going on:
What To Know: