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SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
St. Joe Co says CFO resigns

Nov 6 (Reuters) - St. Joe Co. (JOE.N: Quote, Profile, Research) on Monday said Chief Financial Officer Anthony Corriggio resigned to pursue other opportunities and will be replaced by Michael Regan.

Regan has been St. Joe's senior vice president, finance and planning, since 1997 and had served as interim CFO from 1998 to 1999, the real estate development and timber company said in a statement.

Since Regan, 59, plans to retire in mid-2007 the company has started a search for a successor CFO, it said.

(Reporting by Sayantani Ghosh in Bangalore < :dunno: )

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It's not good karma when the Chief Finanical Officer takes a powder.
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
How would you like to get yelled at by all of the stockholders for having the price of their portfolios dropping by a ton?
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
Rummel would really be the one being yelled at by shareholders. Corrigio is somewhat insulated, has probably seen the writing on the wall, and wants to scedaddle ASAP before he's told to do something he doesn't want to do.
 
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