BUZZ-Pfizer falls as CFO Dave Denton prepares to step down

Lowe's Companies, Inc.
Pfizer Inc.

Lowe's Companies, Inc.

LOW

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Pfizer Inc.

PFE

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** Shares of Pfizer PFE.N fall 1.6% to $25.5 premarket

** Co says CFO Dave Denton will step down on August 15 to take a role in the consumer goods industry

** PFE names Cecile Guegan, senior vice president of finance for its global biopharmaceutical business, as interim CFO, effective August 16

** Denton, who joined Pfizer in 2022 from retail chain Lowe's LOW.N, oversaw major deals including the buyout of cancer drugmaker Seagen and obesity drug developer Metsera

** Up to last close, PFE shares up ~4% YTD


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