In a recent filing with the Securities and Exchange Commission, credit reporting agency Equifax Inc . (NYSE:EFX) announced the impending departure of a key executive. Bryson R. Koehler, serving as Executive Vice President, Chief Technology, Product and Data & Analytics Officer, has decided to resign from his position, effective March 1, 2024. According to the document, Koehler is leaving to pursue an opportunity outside of Equifax.

The company has appointed Jamil Farshchi, who is currently the Executive Vice Jamil Farshchi, Executive Vice President and Chief Information Security Officer of EquifaxPresident and Chief Information Security Officer, to take on the additional role of acting Chief Technology Officer upon Koehler’s departure. Farshchi’s new role will be in effect from the date of Koehler’s resignation.

The announcement comes at a time when the role of technology and data security is increasingly critical for companies that handle sensitive consumer information. Equifax, as a major player in the credit reporting industry, relies heavily on its technology and security infrastructure to maintain consumer trust and comply with regulatory standards.

This transition in leadership is part of the ongoing changes within Equifax’s executive team. The company has not yet announced a permanent replacement for Koehler, and it is unclear how this change will affect the company’s strategic direction in technology and product development.

Investors and market watchers will likely follow the company’s next moves closely, as executive shifts can signal changes in corporate strategy and priorities. Equifax has not provided further details on Koehler’s future endeavors or on the search for his successor.

This information is based on a press release statement and aims to provide shareholders and the public with essential updates regarding changes within Equifax’s executive team.

Source: UK.investing.com/news