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Patterson Cos. Promotes CFO Don Zurbay To Replace Mark Walchirk As President And CEO

RTTNews | 1050 days ago

Patterson Cos. Promotes CFO Don Zurbay To Replace Mark Walchirk As President And CEO

(RTTNews) - Patterson Companies, Inc. (PDCO) announced that its Board of Directors has appointed Don Zurbay, most recently Chief Financial Officer, as President and Chief Executive Officer. Zurbay has also been elected to the Board.

Zurbay succeeds Mark Walchirk who resigned following the Board's investigation and determination that he violated company policy and demonstrated poor judgment regarding an encounter with an employee.

The company said the conduct did not relate to the company's operations or the integrity of the company's financial statements.

Kevin Barry, currently Vice President, Finance & Corporate Controller, has been appointed Interim Chief Financial Officer.

Patterson also reaffirmed its previously provided fiscal 2023 guidance for earnings to be in the range of $1.96 to $2.06 per share and adjusted earnings to be in the range of $2.25 to $2.35 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $2.27 per share for the year. Analysts' estimates typically exclude special items.

Tags: PDCO

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Patterson Trims FY24 Outlook - Update

Patterson Trims FY24 Outlook - Update

While reporting financial results for the second quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) trimmed its earnings and adjusted earnings guidance for the full-year 2024.

RTTNews | 638 days ago

Patterson Reaffirms FY24 Outlook - Update

Patterson Reaffirms FY24 Outlook - Update

While reporting financial results for the first quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) reaffirmed its earnings and adjusted earnings guidance for the full-year 2024.

RTTNews | 729 days ago

Patterson Cos. Confirms Kevin Barry As CFO; Promotes Kevin Pohlman To COO

Patterson Cos. Confirms Kevin Barry As CFO; Promotes Kevin Pohlman To COO

Patterson Companies, Inc. (PDCO) announced Thursday enhancements to its executive leadership team to further support the execution of its strategy. Kevin Barry, most recently the Company's Interim Chief Financial Officer, has been named Chief Financial Officer, and Kevin Pohlman, most recently President of Patterson Animal Health, has been named Chief Operating Officer.

RTTNews | 987 days ago

Patterson Cos. Q2 Profit Rises, Tops Estimates; Reaffirms FY23 Outlook

Patterson Cos. Q2 Profit Rises, Tops Estimates; Reaffirms FY23 Outlook

Patterson Cos. Inc. (PDCO) reported Thursday that second-quarter net income attributable to the company grew to $54.07 million or $0.55 per share from $48.33 million or $0.49 per share in the prior-year quarter.

RTTNews | 1001 days ago

Japan Data On Tap For Friday

Japan Data On Tap For Friday

Japan is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are July figures for unemployment, industrial production, retail sales, housing starts and construction orders, as well as August data for household confidence and Tokyo inflation.

RTTNews | 40 minutes ago

Euro Climbs Against Majors

Euro Climbs Against Majors

The euro firmed against its major counterparts in the New York session on Thursday.

RTTNews | 1h 12min ago

Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.

RTTNews | 4h 50min ago

European Stocks Close Weak

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.

RTTNews | 5h 10min ago

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