Dentsply Sirona falls after CFO to resign

DENTSPLY SIRONA

20/08/2024 16:21

** Shares of dental product manufacturer Dentsply Sirona
 XRAY.O  fall 4% to $24.51 
    ** Co's CFO Glenn Coleman will resign effective Nov. 7 to
assume an executive position at Premier Inc  PINC.O 
    ** XRAY says it has initiated a search process to identify
its next CFO with help of a leading executive search firm
    ** Separately, Premier, a technology-driven healthcare
improvement company, says Coleman will serve as its chief
administrative and financial officer, effective Nov. 11
    ** Coleman will succeed Craig McKasson, who will retire on
Dec. 31 - financial advisory firm PINC 
    ** XRAY CFO Glenn Coleman's departure will likely have a
somewhat mixed reaction - brokerage Leerink Partners 
    ** Including session's moves, XRAY down 31% YTD 

 (Reporting by Sneha S K)
 ((Sneha.SK@thomsonreuters.com))