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Eos Energy Enterprises (NASDAQ:EOSE) -10.9% in Tuesday’s trading after disclosing it terminated the employment of CFO Eric Javidi effective immediately, providing no explanation, and appointing Chief Commercial Officer and former CFO Nathan Kroeker as interim finance chief.
Javidi was hired in March after spending six years at Kayne Anderson Capital Advisors and serving in executive roles for several public and private companies, including as CFO of Archaea Energy and CrossAmerica Partners, and as President and CEO of Southcross Holdings.
The termination was not related to the Eos Energy’s (NASDAQ:EOSE) financial or operating results or to any disagreements or concerns regarding the company’s financial or reporting practices.