Titan Mining Corp has appointed Richard Pozzebon as its new chief financial officer, effective July 6. Pozzebon succeeds Ashley Kates, who had served as interim CFO since May 22 following the resignation of Kevin Hart for personal reasons. Pozzebon brings more than 23 years of finance and capital market experience, most recently serving as executive vice president and chief financial officer at lumber producer Interfor Corp. Shares of Titan Mining closed 4.39 percent lower at $2.1800 on the NYSE on Wednesday.
Titan Mining CorporationCFO change and stock price decline of 4.39% indicate negative market reaction to the appointment.