- Fox Factory Holding Corp (NASDAQ:FOXF) said Scott R. Humphrey, Chief Financial Officer and Treasurer, will be leaving the company on April 14, 2023.
- Humphrey’s separation is a termination without cause under the employment agreement.
- Until April 14, 2023, Humphrey will continue to be the CFO and Treasurer and will be entitled to severance equal to twelve months of annual base salary.
- The Board appointed Maggie Torres as the company’s Interim Chief Financial Officer and Interim Treasurer.
- “Scott played a key role in aligning financial offices across the Company and building out a more comprehensive financial infrastructure,” said CEO Mike Dennison.
- Price Action: FOXF shares closed higher by 0.40% at $122.69 on Tuesday.
Wells Fargo Maintains Equal-Weight on RBC Bearings, Raises Price Target to $225
Wells Fargo analyst Seth Weber maintains RBC Bearings (NYSE:RBC) with a Equal-Weight and raises the price target from $220 to $225.
