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Fly News Breaks for January 19, 2017
SERV
Jan 19, 2017 | 07:48 EDT
Credit Suisse analyst Anjaneya Singh notes that ServiceMaster announced that CFO Alan Haughie will retire from the company in March, with Anthony DiLucente taking his place. While the analyst was surprised to hear of the CFO transition considering Haughie's relatively short tenure, Singh was "relieved to learn" that his departure comes as a result of a personal decision and "finds comfort" in the fact that DiLucente comes with significant financial and operational acumen developed at a diverse set of companies. He reiterates an Outperform rating and $43 price target on the shares.
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