SPX Technologies Appoints Chere Johnson as Chief Legal Officer, Reports Improved ROI in Q1 2024 | CSIMarket News

SPX Technologies Appoints Chere Johnson as Chief Legal Officer, Reports Improved ROI in Q1 2024

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CHARLOTTE, N.C. June 10, 2024 - SPX Technologies, Inc. (NYSE:SPXC) is thrilled to announce the appointment of Chere Johnson as its new Chief Legal Officer and Secretary, effective June 10, 2024. Ms. Johnson will be taking over from John W. Nurkin, who recently announced his decision to retire. With a background encompassing global operations and legal experience in various industries, Ms. Johnson brings a wealth of expertise to her new role at SPX Technologies.

In the first quarter of 2024, SPX Technologies Inc achieved a return on average invested assets (ROI) of 5.61%. This exceeds the company’s average return on investment of 5.27%. The improved ROI can be attributed to the growth in net income. However, within the Capital Goods sector, there were 103 other companies that had a higher return on investment than SPX Technologies.

The total ranking for SPX Technologies’ return on investment has deteriorated in comparison to the fourth quarter of 2023, falling from 622 to 873.

Source for this article: Based on Spx Technologies Inc ’s official statement
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Tags:
#ManagementChanges, #ROI, #DirectorsandOfficers, #ManagementChanges, #SPXC, #Spx Technologies Inc, #Industrial Machinery and Components
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