Nasdaq-listed CPP made waves yesterday when it announced that Ioannis Lazaridis is planning to step down as soon as a successor is selected.

Today, Michael Webber of Wells Fargo Securities said the loss of the incumbent, who also served as finance chief, will likely be only a minor disruption in the near-term but warned that the development may become an “incremental headwind” in the months ahead.

“We note that Mr.