Rectitude Holdings (NASDAQ: RECT) CFO exits; interim named from within
Rhea-AI Filing Summary
Rectitude Holdings Ltd reported that its Chief Financial Officer, Mr. Chan Yong Xian, resigned from his role for personal reasons effective September 30, 2025. The company stated that his departure was not due to any disagreement with the business.
To fill the vacancy, the Board appointed Mr. Chan Kah Chun, previously a finance manager at the company, as interim Chief Financial Officer effective October 1, 2025. He holds an employee role rather than a Board position. At age 32, he brings around 12 years of finance and accounting experience, including more than 10 years with Rectitude.
The company noted that Mr. Chan Kah Chun has no family relationships with any of its directors or executive officers, and there are no related-party transactions with him that would require disclosure under Item 404(a) of Regulation S-K.
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Insights
Rectitude replaces its CFO with a long-tenured internal interim hire, limiting disruption risk.
The resignation of Mr. Chan Yong Xian as Chief Financial Officer effective
The Board moved quickly by appointing Mr. Chan Kah Chun, an existing finance manager with more than 10 years at the company and 12 years of finance and accounting experience, as interim CFO effective
FAQ
Why did Rectitude Holdings (RECT) CFO Chan Yong Xian resign?
Who is the new interim Chief Financial Officer at Rectitude Holdings (RECT)?
What is the background of Rectitude Holdings (RECT) interim CFO Chan Kah Chun?
Is Rectitude Holdings (RECT) interim CFO Chan Kah Chun on the Board of Directors?
Does Rectitude Holdings (RECT) report any related-party transactions with interim CFO Chan Kah Chun?
Does the CFO change at Rectitude Holdings (RECT) indicate internal disagreements?