Advocat (AVCA) Announces Resignation of CFO; Sam Daniel Potential Successor

Article Stock Quotes (1) Comments (0)

Advocat Inc. (Nasdaq: AVCA) announced that Glynn Riddle, the Company's Chief Financial Officer, has notified the Company that he intends to resign to pursue other interests and opportunities. In order to facilitate an orderly transition, his resignation will be effective as of March 31, 2012. The timing of his departure will allow the Company to complete its Annual Report on Form 10-K on time and will provide sufficient transition time for his responsibilities. The Company also announced that Sam Daniel has joined the Company as Executive Vice President.

It is expected that Mr. Daniel will be appointed as the Company's Chief Financial Officer effective April 1, 2012, following the departure of Mr. Riddle, and will at that time assume leadership of the remainder of the Company's financial and accounting functions.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• J.P. Morgan (JPM) CEO Dimon Might Have Enough Votes to Stay Chairman - NY Times
• JPMorgan (JPM) Shareholders Support Dimon in Dual Role
• UPDATE: A.G. Lafley Gives Procter & Gamble (PG) Investors 'New Hope', UBS Upgrades to Buy

Create E-mail Alert Related Categories

Management Changes

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?