Business
Cimic (ASX:CIM) share price slides lower after new CFO announced
Cimic Group Ltd (ASX: CIM) shares are sliding lower today following the company announcing the appointment of a new chief financial officer (CFO). At the time of writing, the Cimic share price is trading 1.41% lower at $24.43, amid a broader fall in the ASX.
Who is the new CFO?
The Cimic share price is delivering a lacklustre performance today despite the company advising it has appointed Mr Emilio Grande as its new chief financial officer.
In the release, the company advised that Mr Grande has worked with Cimic Group since 2018. His time with the company has included stints as chief financial officer of Cimic business UGL and deputy chief financial officer of Cimic.
Prior to that, Mr Grande served as chief financial officer of…
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