Resources Connection Names New CEO

On May 28, Irvine, Calif.-based Resources Connection (NASDAQ: RECN  ) will be losing one chief executive officer, and gaining a new one.

On Wednesday, the professional services firm announced that CEO and Executive Chairman of the Board Don Murray will give up the CEO's post next month, to be replaced by newly promoted Tony Cherbak, currently the company's president and chief operating officer.

Murray will remain executive chairman of the company. In a statement, he said he said that going forward he "will focus on client relations and will work closely with Tony on growth strategies."

Resources Connection has not yet published information on Cherbak's compensation in his new post.

Shares of the company finished the day up 1.2% to $11.08.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2385243, ~/Articles/ArticleHandler.aspx, 9/27/2016 11:36:45 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,144.99 50.16 0.28%
S&P 500 2,151.31 5.21 0.24%
NASD 5,281.41 23.92 0.45%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/27/2016 11:20 AM
RECN $14.55 Down -0.12 -0.82%
Resources Global CAPS Rating: *****