Resend-BUZZ-Super Micro appoints Mark Long as Chief Financial Officer; stock price drops

Corrected typographical errors in the title and main text

October 15 - ** Artificial intelligence server manufacturer Super Micro ComputerSMCI.O shares fell more than 4% in pre-market trading to $34.23

** The company has appointed Mark Long as Chief Financial Officer, effective immediately

** Mark succeeds David Weigand, who served as the company’s CFO since 2021

** Mark previously served as CFO and Chief Strategy Officer at Western Digital, a data storage company

** This personnel change comes nearly two years after the AI server manufacturer began searching for a new CFO following a third-party accounting review.

** Of 20 brokerages, 4 rate the stock as “Buy,” 12 as “Hold,” and 4 as “Sell”; the median target price is $43 — data compiled by LSEG

** As of the previous trading day’s close, shares have risen 22.2% so far this year

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