AKU - Akumin CFO William Larkin terminated David Kretschmer named interim CFO

• Akumin ( NASDAQ: AKU ) has implemented a transformation program with initiatives focused on its operations, growth, and capital and are intended to support the company's objectives with respect to patient access and experience, customer and partner engagement, financial sustainability, and employee well-being.
• The company is receiving support from a globally recognized transformation specialist to help implement the program.
• As a part of this transformation, the company announced the termination of employment of its CFO, William Larkin, and the appointment of David Kretschmer, an experienced transformation finance executive who successfully completed other business transformations in the healthcare industry, as interim CFO, effective August 12; and the sale of certain accounts receivables by subsidiaries of the company to a third-party buyer for a purchase price of ~$30M.

For further details see: