The Fresh Market announces resignation of CFO Lisa Klinger The Fresh Market announced that Lisa Klinger has tendered her resignation as the company's executive VP and CFO in order to accept a similar position with a private equity-backed apparel retailer. Klinger will remain with the company through December 7. The company intends to immediately commence a search for a new CFO. In the interim, Sean Crane, the company's executive VP and COO, will assume the role of interim CFO, and in that capacity will act as the company's interim principal financial officer. Jeff Short, the company's VP and controller, will act as the company's interim principal accounting officer.
On The Fly: Analyst Downgrade Summary Today's noteworthy downgrades include: AIG (AIG) downgraded to Hold from Buy at Deutsche Bank... Alumina (AWCMY) downgraded to Neutral from Outperform at Credit Suisse... Avalanche Biotechnologies (AAVL) downgraded on lack of catalysts at SunTrust... DealerTrack (TRAK) downgraded to Hold from Buy at Craig-Hallum... Greenbrier (GBX) downgraded to Hold from Buy at Stifel... Methode Electronics (MEI) downgraded to Neutral at Baird... Profire Energy (PFIE) downgraded to Hold from Buy at Maxim... Standard Pacific (SPF) downgraded to Neutral from Outperform at Credit Suisse... The Fresh Market (TFM) downgraded to Sell from Neutral at Northcoast... Twitter (TWTR) downgraded to Neutral at MKM Partners on stalled user growth... United Natural Foods (UNFI) downgraded to Hold from Buy at Argus... United Rentals (URI) downgraded to Underperform from Neutral at Macquarie.