Adyen's Next CFO Needs to Set Achievable, Beatable Goals

Author: Landon Johnson

Jefferies Analysts Advise on Adyen's Next CFO

Jefferies analysts Hannes Leitner and Charles Brennan suggest that Adyen should hire an external chief financial officer with experience running a public listed company. They also emphasize that the new CFO needs to set achievable and beatable goals.

Stronger Expectation Steering

According to the analysts, this approach could lead to stronger steering of expectations going forward. The Dutch payments company announced late Wednesday that CFO Ethan Tandowsky will step down from Aug. 31 to pursue an external opportunity, and a search for his replacement has begun.

Shares are down 2.7% at 939.90 euros.

Impacted Symbols

Symbols affected by this headline and their sentiment signals

The news, analyses, and comments on this platform do not constitute investment advice. When making investment decisions, you should conduct your own research and consult with a qualified financial advisor if necessary. FiNews cannot be held responsible for any losses that may arise from the use of this information.

More Headlines