08:18 AM EDT, 08/29/2024 (MT Newswires) -- Lifecore Biomedical ( LFCR ) said Thursday that John Morberg is stepping down as chief financial officer, effective Sept. 2, to pursue other professional opportunities and spend time with family.

Ryan Lake will take on the CFO role, effective Sept. 3. Lake most recently served as CFO of Societal CDMO Inc.

Shares of the company fell more than 2% pre-bell.

Price: 3.8800, Change: -0.09, Percent Change: -2.27