Advasa Holdings Inc's shares declined 11.6% in premarket trading on Thursday following the resignation of Chief Financial Officer Katharyn Field.
Field formally stepped down on August 27, 2026, according to an 8-K filing with securities regulators. The company stated her departure was due to personal reasons and was not related to any dispute with management or the board.
Prior to her resignation, Field served as Advasa Holdings' principal financial and accounting officer. Chief Executive Officer Grady Ryther has assumed the role of Interim Chief Financial Officer effective immediately, the company said.
Advasa Holdings has initiated a search for a permanent Chief Financial Officer to replace Field.
