CFO Resigns at Greystone Housing Impact Investors; Interim Appointed
Summary
Greystone Housing Impact Investors announced CFO Jesse A. Coury's resignation, effective June 30, 2026. Corporate Controller Eric R. Nielsen will step in as interim CFO starting July 1, 2026. This leadership change follows recent disclosures of a $7.6 million net loss for 2025, a material weakness in internal controls, and a sharp decline in Q1 2026 net income and cash available for distribution. The departure of a long-serving CFO amidst significant financial challenges and control issues creates uncertainty for the company's financial future.
At the time of this announcement, GHI was trading at $5.17 on NYSE in the Finance sector, with a market capitalization of approximately $120.3M. The 52-week trading range was $4.71 to $12.47. This news item was assessed with negative market sentiment and an importance score of 9 out of 10. Source: GlobeNewswire.