1741 GMT - ATS's latest CFO departure may make investors uneasy after a string of executive changes, TD Cowen's Cherilyn Radbourne says. Ryan McLeod, a 20‑year company veteran who also served as interim CEO, is leaving to become CFO at CAE. Investors will likely view the move as understandable but it adds to a "string of executive turnover" that may unsettle the market, Radbourne says. The departure comes just as new CEO Doug Wright steps in and follows several other senior leadership changes. While ATS has a capable finance team and an experienced interim CFO in place, the news is "slightly negative" given the cumulative churn at the top, Radbourne says. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
January 19, 2026 12:41 ET (17:41 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments