Novanta (NOVT) has shared an update.
John Burke has been promoted to Chief Accounting Officer of Novanta Inc., taking over from Peter Chang who will transition into an advisory role until his departure. Burke, a seasoned financial expert with a CPA and a strong background in corporate accounting, is set to receive equity incentives and will be covered by the company’s severance and control change benefits. His promotion does not stem from any internal disagreements and is a strategic move by Novanta, reflecting his long-standing commitment and expertise within the company.
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