In a regulatory filing yesterday, Bioceres (BIOX) Crop Solutions disclosed that the board of directors and Enrique Lopez Lecube, Chief Financial Officer, agreed to initiate a transition in the company’s financial leadership. Effective August 20, Lopez Lecube will step down from his appointment as CFO, and Scott Crocco, a member of the Board, will act solely to assist in managing the finance departments of the company on an interim basis. The company has initiated a market search for a new CFO, Bioceres noted. “Lopez Lecube’s employment with the Company will end following a mutually agreed transition period, during which he will be available to assist with the transition process and ensure seamless handover of his responsibilities. The Company is committed to maintaining its focus on improving its financial performance and delivering innovative solutions to the agricultural market,” the filing added.
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