Penguin Solutions said on Tuesday that it has appointed Stephen Cumming as senior vice president and chief financial officer, effective immediately. Cumming most recently served as the CFO of Edgio, and has also held CFO roles at multiple public companies, bringing deep expertise in operational scaling, financial strategy, and investor relations, the company said. Shares of Penguin Solutions rose 5.64% to $67.83 in post-market trading following the announcement.
Penguin Solutions, Inc.Penguin Solutions appointed Stephen Cumming as CFO, a leadership/financial-strategy change that lifted shares 5.64% after hours.
