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TNET

TriNet

$21.63

0.62 (2.95%)

09:04
10/03/16
10/03
09:04
10/03/16
09:04

TriNet announces retirement of CFO Bill Porter

TriNet Group announced that its Vice President and CFO, Bill Porter, plans to retire from the company after six years of service. Porter will remain in his current role as CFO until a successor has been named, ensuring an orderly transition for the new CFO. Porter will then continue with the company in an operating role as an adviser to the CEO. The company will engage a leading executive search firm to conduct a nationwide search to identify a replacement for Porter.

TNET TriNet
$21.63

0.62 (2.95%)

08/04/16
MSCO
08/04/16
DOWNGRADE
MSCO
Equal Weight
TriNet downgraded to Equal Weight from Overweight at Morgan Stanley
08/04/16
08/04/16
DOWNGRADE
Target $22

Equal Weight
TriNet downgraded to Equal Weight from Overweight at Morgan Stanley
As previously reported, Morgan Stanley downgraded TriNet to Equal Weight from Overweight. Analyst Danyal Hussain said shares ran through his $22 price target and sees some risks to the company's insurance and vertical pricing strategy.

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