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The latest announcement is out from Ashland ( (ASH) ).
On May 1, 2025, Ashland Inc. announced the resignation of J. Kevin Willis from his roles as Senior Vice President, Chief Financial Officer, Principal Financial Officer, and Principal Accounting Officer, effective May 16, 2025, to pursue another opportunity. His departure was not due to any disagreements with the company. Subsequently, on May 5, 2025, the Board appointed William C. Whitaker as Interim Chief Financial Officer and Samuel A. Richardson as Vice President, Controller, and Principal Accounting Officer, both effective May 6, 2025. These appointments are part of Ashland’s strategic realignment in its financial leadership, with Whitaker and Richardson bringing extensive experience within the company to their new roles.
Spark’s Take on ASH Stock
According to Spark, TipRanks’ AI Analyst, ASH is a Neutral.
Ashland faces significant financial challenges with declining revenue and profitability issues, despite a stable balance sheet. Technical indicators suggest a bearish trend, and valuation remains unattractive due to negative earnings. While some operational efficiencies are expected, current conditions warrant caution.
To see Spark’s full report on ASH stock, click here.
More about Ashland
YTD Price Performance: -30.37%
Average Trading Volume: 769,100
Technical Sentiment Signal: Buy
Current Market Cap: $2.26B
See more data about ASH stock on TipRanks’ Stock Analysis page.