June 17, 2024


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Quotient Technology CFO resigns; Engaged nominee turns down board offer (NYSE:QUOT)



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Quotient Technology (NYSE:QUOT) suggests its main economical officer is exiting.

Pamela Strayer resigned from the organization successful April 5, to treatment for a family member, according to an SEC submitting.

She’ll present transition and consulting providers to make certain a clean changeover to a new CFO, which Quotient expects to announce in the in the vicinity of phrase.

Which is a 2nd superior-profile changeover announcement in the company’s C-suite, following final Thursday’s news that Steven Boal would retire as chief government officer by the stop of 2022, to be succeeded by present-day Main Know-how Officer Matthew Krepsik.

The company also notes in its roundup that boardmember Christy Wyatt has stepped down from the board, and the board appointed Eric Higgs to provide as a Class I director. And it is separating the roles of CEO and board chair impartial director Robert McDonald now chairs the board.

It has formed a strategic board committee to review all factors of the small business, “including its tactic, fiscal approach and options for growth and shareholder value development.”

In the meantime, the firm prolonged a board membership present to Matthew O’Grady – just one of two candidates nominated by activist fund Engaged Funds – subject matter to Engaged withdrawing its nomination discover. But O’Grady has turned down that offer, Quotient suggests. Engaged place forward Christopher Hetrick and O’Grady for board seats at the commencing of March.


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