HLS Therapeutics CFO Tim Hendrickson Steps Down; Names Director John Hanna Interim CFO

RTTNews | 640 days ago
Stocktwits
HLS Therapeutics CFO Tim Hendrickson Steps Down; Names Director John Hanna Interim CFO

(RTTNews) - Pharmaceutical company HLS Therapeutics Inc. (HLS.TO) announced Monday that Tim Hendrickson is stepping down as CFO to pursue other interests and John Hanna, currently a director of the Company, has been appointed Interim CFO.

Hendrickson will remain in his role until January 26, 2024, to support the transition and the Company will undertake a search for a permanent CFO in the new year.

While serving as Interim CFO, Hanna will remain on the HLS Board as a non-independent director

Hanna is an accomplished leader with more than 25 years of diverse experience, including in the healthcare industry. Previously, he served as CFO at Vecima Networks (VCM.TO), Inca Networks and eBuyNow and held a variety of senior financial roles with The Westaim Corp.

In addition to being a member of HLS's Board and the Audit Committee, Hanna has also served as a board member for a number of technology companies.

Tags: HLS.TO
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Philly Fed Index Surges To Eight-Month High In September

Philly Fed Index Surges To Eight-Month High In September

A report released by the Federal Reserve Bank of Philadelphia on Thursday said regional manufacturing activity expanded overall in the month of September. The Philly Fed said its diffusion index for current general activity spiked to a positive 23.2 in September from a negative 0.3 in August, with a positive reading indicating growth. Economists had expected the index to rise to a positive 2.3.
RTTNews | 21 minutes ago
Bank Of England Holds Key Rate; Slows Quantitative Tightening

Bank Of England Holds Key Rate; Slows Quantitative Tightening

The Bank of England left its interest rate unchanged and softened its pace of quantitative tightening on Thursday, as policymakers were wary about risks to inflation in the U.K. The BoE Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to maintain the bank rate at 4.00 percent.
RTTNews | 21 minutes ago
U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High

U.S. Weekly Jobless Claims Pull Back Off Nearly Four-Year High

After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.
RTTNews | 25 minutes ago
U.S. Weekly Jobless Claims Pull Back More Than Expected

U.S. Weekly Jobless Claims Pull Back More Than Expected

After reporting first-time claims for U.S. unemployment benefits climbed to a nearly four-year high in the previous week, the Labor Department released a report on Thursday showing initial jobless claims pulled back by more than expected in the week ended September 13th.
RTTNews | 1h 41min ago
Positive Start Likely On Bay Street

Positive Start Likely On Bay Street

Canadian shares look headed for a positive start Thursday morning amid prospects of further easing by the Bank of Canada and the Federal Reserve this year. Weak oil and gold prices may weigh a bit and limit market's upside.
RTTNews | 2h 30min ago
FTSE 100 Up Slightly; BoE Leaves Rate Unchanged

FTSE 100 Up Slightly; BoE Leaves Rate Unchanged

U.K. stocks are moving in a tight range on Thursday, with investors digesting the Federal Reserve's 25-basis points interest rate cut on Wednesday, and the Bank of England's decision a little while ago to hold its interest rate unchanged.
RTTNews | 2h 55min ago
CAC 40 Rises 1.1% As Stocks Rally On Fed Interest Rate Cut

CAC 40 Rises 1.1% As Stocks Rally On Fed Interest Rate Cut

French stocks are firmly settled in positive territory on Thursday, as the Federal Reserve's 25-basis point interest rate cut and signaling of more easing this year, lifted investor sentiment. Investors are now awaiting the Bank of England's monetary policy announcement, and the European Central Bank President Christine Lagarde's speech.
RTTNews | 3h 29min ago
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