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Helios Technologies (HLIO) just unveiled an announcement.
Helios Technologies, Inc. has announced changes to its leadership, appointing Sean Bagan, the current CFO, as the Interim President and CEO, following President and CEO Josef Matosevic’s paid leave due to an investigation into a potential violation of the company’s ethics code. Philippe Lemaitre, already Chairman of the Board, steps up as Executive Chairman. These changes are not expected to affect the company’s strategic direction or financial reporting. Both Bagan and Lemaitre bring extensive management and industry experience to their new roles.
See more insights into HLIO stock on TipRanks’ Stock Analysis page.
