Gorman-Rupp Appoints Ronald Stoops As CFO, Succeeding James Kerr, Effective October 1
The Gorman-Rupp Company (NYSE:GRC) announces that James C. Kerr, Executive Vice President and Chief Financial Officer, will be succeeded as Chief Financial Officer by current Vice President of Finance, Ronald F. Stoops,
Gorman-Rupp is replacing its money manager with someone who already works there and knows the company well. When a company promotes someone from inside instead of hiring a stranger, it usually means they trust the team and expect things to stay on a steady path.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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