Investing.com – Shares of ad reach measurement company Integral Ad Science fell 3.7% in pre-market trading after announcing the departure of Chief Financial Officer Tanya Secor.
The announcement was made after the market closed on Friday.
Secor has served as CFO since December 2022. News of her departure came as a surprise to some, including Piper analyst Matthew Farrell, especially as the company heads into the new year.
Despite the CFO’s departure, Integral Ad Science reiterated its fourth-quarter guidance in Friday’s release, a move Farrell found encouraging. He noted that this update assumes stability in the digital advertising market after the elections at the end of the year.
Meanwhile, Jill Putman has been named chief financial officer, effective immediately. Her responsibilities will include overseeing the company’s financial operations until a permanent CFO is appointed.
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