FTD Cos. (FTD) CFO Sheehan Resigns

November 29, 2016 4:08 PM EST

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FTD Companies, Inc. (Nasdaq: FTD) announced an executive leadership transition with Becky A. Sheehan, Executive Vice President and Chief Financial Officer, leaving the Company on December 31, 2016 to pursue other opportunities. As a result of Ms. Sheehan’s departure, FTD’s Board of Directors will conduct a comprehensive executive search for the position of Chief Financial Officer.

“Becky has played an integral role in FTD’s growth and development over the last ten years, and on behalf of our board and management team, I want to thank her for her extensive contributions,” said Christopher W. Shean, FTD’s interim President and Chief Executive Officer. “Becky’s efforts and leadership have helped build a strong financial foundation for FTD as we move forward. We wish her well as she begins the next chapter in her career.”

“I am so fortunate to have been part of the growth and success of FTD over these past ten years and remain confident that FTD has a great future ahead,” commented Ms. Sheehan. “FTD has a tremendously talented team which provides a strong foundation for its future growth. Over the next month, I will work closely with Chris and the rest of our executive leadership and finance teams to ensure a smooth transition.”

In connection with today’s announcement the Company is not adjusting its guidance for fiscal year 2016, previously provided on November 7, 2016.

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