SENS - Senseonics falls on abrupt departure of CFO

• The shares of Senseonics Holdings, Inc. ( NYSE: SENS ) dropped ~2% in the afterhours Thursday after the MedTech company announced that its Chief Financial Officer Nick Tressler will leave his position effective Sep. 01.
• Mr. Tressler will be replaced by Rick Sullivan who served as company’s Vice President of Finance since Oct. 2020, SENS added. However, Mr. Tressler will remain with the company through the end of 2022 to support the transition.
• "Having worked with Rick for over nine years, he has proven to be an integral part of our team and holds an exceptional track record of delivering value and supporting the long-term strategic vision of Senseonics," SENS Chief Executive Officer Tim Goodnow.
• "On behalf of the Senseonics team, I want to thank Nick for his dedication and expertise over the past three and a half years,” he added.

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