Rafael Holdings CFO Departs; Interim CFO Appointed
Ticker: RFL · Form: 8-K · Filed: Mar 26, 2025 · CIK: 1713863
Sentiment: neutral
Topics: cfo-departure, interim-cfo, acquisition, asset-disposition
TL;DR
CFO out, interim CFO in at Rafael Holdings. Acquisition/disposition also reported.
AI Summary
On March 25, 2025, Rafael Holdings, Inc. announced the departure of its Chief Financial Officer, David J. Glick, effective March 24, 2025. The company also announced the appointment of Michael J. Loner as interim CFO. Additionally, the company reported on the completion of an acquisition or disposition of assets and other events.
Why It Matters
The departure of a CFO can signal changes in financial strategy or performance, while the appointment of an interim CFO suggests a transition period for the company's financial leadership.
Risk Assessment
Risk Level: medium — Changes in key financial leadership and asset transactions can introduce uncertainty and potential risks for investors.
Key Players & Entities
- Rafael Holdings, Inc. (company) — Registrant
- David J. Glick (person) — Departing Chief Financial Officer
- March 24, 2025 (date) — Effective date of CFO departure
- Michael J. Loner (person) — Appointed Interim Chief Financial Officer
- March 25, 2025 (date) — Date of report
FAQ
Who has been appointed as the interim Chief Financial Officer of Rafael Holdings, Inc.?
Michael J. Loner has been appointed as the interim Chief Financial Officer.
When was David J. Glick's departure as CFO effective?
David J. Glick's departure was effective March 24, 2025.
What is the exact name of the registrant?
The exact name of the registrant is Rafael Holdings, Inc.
What is the state of incorporation for Rafael Holdings, Inc.?
Rafael Holdings, Inc. is incorporated in Delaware.
What are the main items reported in this 8-K filing?
This 8-K filing reports on the completion of acquisition or disposition of assets, departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, and other events.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 26, 2025 by David J. Glick regarding Rafael Holdings, Inc. (RFL).