Executive reshuffles: MFC, LYB, IDXX and TEX

seekingalpha
24 Nov 2024

Market watchers, throughout the week, observed several Wall Street executives stepping up for new roles as part of leadership reshuffling.

Meanwhile, some companies such as Manulife Financial, LyondellBasell and IDEXX Laboratories added new positions to steer growth prospects.

Here are some of the recent management changes that took place during the week:

Manulife Financial (NYSE:MFC) has announced that President and CEO Roy Gori has informed them of his intention to retire, effective May 8, 2025, with Phil Witherington appointed as his successor and joining the Board of Directors at that time.

LyondellBasell (NYSE:LYB) said CFO, Michael McMurray, will retire from the role, effective March 1. McMurray will be succeeded by Agustin Izquierdo, currently the company’s senior vice president, Olefins & Polyolefins Americas & Refining.

IDEXX Laboratories (NASDAQ:IDXX) said CFO, Brian McKeon, will retire from IDEXX effective June 1. Andrew Emerson, currently senior vice president, corporate and companion Animal Group Finance, will succeed McKeon in the role, effective March 1.

Terex (TEX) said that Jennifer Kong-Picarello will succeed Julie Beck as senior vice president and CFO. Kong-Picarello is also set to become a member of the executive leadership team.

Labcorp (LH) said that its executive VP and CFO Glenn Eisenberg will retire from the company and Julia Wang will join on Dec. 2, 2024, as executive VP and CFO.

Flex (FLEX) has announced that Kevin S. Krumm will join the company as CFO, effective Jan. 6, 2025. He will succeed Jaime Martinez, interim CFO, who will remain with Flex and support a smooth transition.

AgEagle Aerial Systems (UAVS) has announced the appointment of Adrienne Anderson as interim CFO, effective Nov. 14, 2024.

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