- Five Below Inc (NASDAQ:FIVE) said Kenneth Bull, Chief Financial Officer and Treasurer, has been promoted to the role of Chief Operating Officer.
- The company will conduct a search for a new Chief Financial Officer, and Bull will continue to serve in this role until a new CFO is appointed.
- “During his 17-year tenure with Five Below, including 11 years as Chief Financial Officer, Ken deftly led our 2012 transition into a public company, successfully developed our finance function and team, and instilled a culture of discipline across the organization with an unwavering commitment to financial stewardship that has been key to our growth and profitability,” said CEO Joel Anderson.
- Bull has been the CFO and Treasurer since 2012.
- Price Action: FIVE shares closed lower by 0.13% at $195.78 on Monday.
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RBC Capital Maintains Sector Perform on Pinterest, Lowers Price Target to $51
RBC Capital analyst Brad Erickson maintains Pinterest (NYSE:PINS) with a Sector Perform and lowers the price target from $58 to $51.
