Fisker, an electric-vehicle startup, announced on Monday that its chief accounting officer, Florus Beuting, has resigned just two weeks after being appointed to the role. Beuting expressed his intention to resign on November 14th, and he was named as the accounting chief on November 6th, replacing John Finnucan who had left the company in October after serving as the accounting chief for three years.
Finnucan’s departure had already caused the company to delay its quarterly results due to concerns about internal controls over financial reporting. The Wall Street Journal was the first to report on Beuting’s exit, citing sources familiar with the matter. As a result, Fisker’s shares closed down 3.3% at $2.35, reaching another record low.
In addition to Beuting’s resignation, Fisker also received a notice from the New York Stock Exchange for the late filing of its 10Q. The company had announced its third-quarter results on November 13th.
This news was reported by Ananya Mariam Rajesh in Bengaluru and edited by Shilpi Majumdar.