By Denny Jacob
PGT Improvements Inc. on Friday mentioned Chief Monetary Officer John Kunz’s service with the corporate was terminated this week.
The home windows and doorways producer and provider mentioned it appointed Craig Henderson as interim CFO whereas the board searches for a everlasting successor, in line with a regulatory submitting. Mr. Henderson joined the corporate in 2021 as vice chairman of finance.
The corporate mentioned Mr. Kunz’s service was terminated on the shut of enterprise on Monday, the identical day that Mr. Henderson was appointed to the interim place. The separation served as a termination with out trigger underneath the settlement between him and the corporate, that means he’s anticipated to obtain severance funds and advantages in accordance with the settlement, in line with the disclosure.
Write to Denny Jacob at denny.jacob@wsj.com