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Cash Converters CFO Resigns Amidst Strategic Transformation

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Cash Converters CFO Resigns Amidst Strategic Transformation

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The latest update is out from Cash Converters International Limited ( (AU:CCV) ).

Cash Converters International Limited announced the resignation of its Chief Financial Officer, Mr. Jonty Gibbs, who has been with the company since March 2021 and served as CFO since April 2023. Mr. Gibbs contributed significantly to the company’s financial operations and governance during a period of growth and transformation. The company has started the process of recruiting a new CFO and will update stakeholders in due course.

The most recent analyst rating on (AU:CCV) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Cash Converters International Limited stock, see the AU:CCV Stock Forecast page.

More about Cash Converters International Limited

Cash Converters International Limited is a leading consumer lender and second-hand goods retailer operating globally, with key markets in Australia, New Zealand, and the United Kingdom. The company focuses on acquiring franchise stores and transforming its loan book towards longer-term, lower-cost lending solutions, while expanding its retail presence in repurposed luxury goods. It is committed to sustainability and plays a role in supporting borrowers and facilitating the circular economy.

YTD Price Performance: 51.06%

Average Trading Volume: 797,710

Technical Sentiment Signal: Buy

Current Market Cap: A$222.8M

Find detailed analytics on CCV stock on TipRanks’ Stock Analysis page.

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