Altisource Asset Management announced that the board of directors has elected to cancel the previously reported 2 for 1 common stock split and instead is proceeding with a 70% stock dividend. The board also announced the promotion of Richard Rodick, previously VP, finance, to CFO. Rodick succeeds previous CFO Stephen Krallman, who is resigning from his role effective September 14.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AAMC:
- Altisource Asset Management announces resignation of CEO Jason Kopcak
- Altisource Asset Management trading resumes
- Altisource Asset Management trading halted, volatility trading pause
- Altisource Asset Management falls 59% as company considers EV investment
- Altisource Asset Management announces two-for-one stock split