- DMC Global Inc (NASDAQ:BOOM) has appointed Eric Walter as chief financial officer. Walter’s appointment will be effective the day after DMC files its 2022 Form 10-K, which is expected on or around Feb. 24, 2023.
- Walter will succeed CFO Michael Kuta, who has been appointed as DMC’s interim co-CEO with DMC board member David Aldous.
- Walter has more than 30 years of financial experience and spent the past five years with Jacobs Solutions Inc. (NYSE:J), an engineering and professional services firm.
- He earned an MBA from Duke University’s Fuqua School of Business and a bachelor of arts in accounting and business administration from Furman University.
- While announcing its CEO transition on Jan. 17, 2023, the company also updated its guidance.
- The company raised its sales outlook to $173 million – $175 million from the prior guidance of $158 million – $168 million. The company also expects adjusted EBITDA to be at or slightly above the high end of its previously guided range of $15 million – $18 million.
- Price Action: BOOM shares traded higher by 0.09% at $21.25 on the last check Friday.
Upstart And The National Bankers Association Partner To Provide AI Lending Technology For Minority-Owned Banks
Upstart (NASDAQ:UPST), a leading artificial intelligence (AI) lending platform, and the National Bankers Association (NBA) today announced a partnership to improve access to affordable credit for customers of
