Charles River Laboratories International, Inc. (CRL) announced Tuesday that Flavia H. Pease, corporate executive vice president and chief financial officer, has resigned effective September 29, 2025, to pursue another opportunity.
Michael G. Knell, corporate senior vice president and chief accounting officer, will serve as interim CFO until a successor is identified. The company has initiated a comprehensive search for its next CFO.
Additionally, the company reaffirmed its full-year revenue and adjusted earnings guidance, previously provided, supported by its current outlook for third-quarter performance.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.