Management ChangeJul 31, 2026, 06:07 AM
J.W. Mays CFO Ward Lyke Jr. to Depart; Kevin Guptar Named PFO
AI Summary
J.W. Mays, Inc. announced that Ward Lyke, Jr. will step down from his roles as Vice President, Chief Financial Officer, and Treasurer on September 25, 2026. He will continue his employment until this date to ensure an orderly transition, receiving his base salary of $316,000. The company will also provide separation benefits, including six weeks of base salary, upon his signing of a general release. Kevin Guptar, the current Controller, will assume the roles of Principal Financial Officer and Principal Accounting Officer immediately following Mr. Lyke's departure.
Key Highlights
- Ward Lyke, Jr. will step down as Vice President, CFO, and Treasurer.
- His separation date from J.W. Mays, Inc. is September 25, 2026.
- Mr. Lyke will continue employment until the separation date to facilitate an orderly transition.
- He will receive his base salary of $316,000 until the separation date.
- Separation benefits include six weeks of base salary upon signing a general release.
- Kevin Guptar, current Controller, will become Principal Financial Officer and Principal Accounting Officer.
Price Impact
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