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Freshpet Announces CFO Transition Process
Globenewswire· 2025-10-07 20:30
Ivan Garcia Appointed Interim CFO Company Reaffirms 2025 Outlook BEDMINSTER, N.J., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Freshpet, Inc. (“Freshpet” or the “Company”) (Nasdaq: FRPT) today announced that Ivan Garcia, Vice President of Finance, has been named Interim Chief Financial Officer, effective October 17, 2025. Mr. Garcia will succeed Todd Cunfer, who has made the decision to accept an opportunity outside the Company. Mr. Cunfer will remain with the Company until October 17, 2025 to support Mr. Garcia in t ...
The Trade Desk's CFO Is Leaving. Is it a Red Flag?
The Motley Fool· 2025-08-13 10:12
Core Viewpoint - The Trade Desk's stock price experienced a significant decline of 39% following the announcement of slowing revenue growth, despite meeting expectations [1][2]. Financial Performance - The Trade Desk reported a revenue increase of 19% year-over-year in Q2, totaling $694 million, marking the slowest growth rate in its history aside from a brief dip during the pandemic [2]. - For Q3, the company forecasts revenue of at least $717 million, indicating a growth rate of at least 14%, which has led to several downgrades from Wall Street analysts [2]. Executive Changes - CFO Laura Schenkein is set to step down on August 21, to be replaced by Alex Kayyal, who has been a board member and previously worked at Salesforce [3][4]. - Schenkein has been with The Trade Desk for nearly 12 years and will assist in the transition until the end of the year, suggesting a departure on good terms [4][7]. Market Reactions - The CFO transition has raised concerns among some investors, as such departures can be perceived as red flags regarding the company's financial health [5][10]. - However, there is no immediate indication of any wrongdoing, and the transition appears to be a normal executive change rather than a cause for alarm [6][10]. Competitive Landscape - CEO Jeff Green defended the company's position against competitors like Alphabet, Meta Platforms, and Amazon, asserting that the open internet performs better than these "walled gardens" [9][10]. - Despite this assertion, investor skepticism remains, particularly in light of the company's valuation and recent performance [10].