Ecovyst announces CFO transition; shares slip - ECVT News | RalliesEcovyst announces CFO transition; shares slip
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ECVT• CFO transition and share move
- Ecovyst ECVT.N shares fall 3.9% to $10
- The sulfuric acid supplier appoints Laurie Bergman CFO, effective August 24, replacing Michael Feehan
- Feehan to continue as with ECVT until September 30 for a smooth transition
- Earlier this month, ECVT beat Q2 sales estimates and raised full-year sales guidance to $1.02 bln-$1.06 bln from $890 mln-$970 mln
- Five of six brokerages rate the stock "buy" or higher; their median PT is $16 - data compiled by LSEG
- Including session's moves, the stock is up 3.4% YTD
