SmileDirectClub CFO to resign


SmileDirectClub Inc. SDC, +9.12% said late Tuesday its Chief Financial Officer Kyle Wailes has resigned to “pursue a CEO opportunity at a health care company.” Wailes will remain in his role through March 1, will continue to own a “significant” amount of equity in the company, SmileDirect said. It did not specify the health care company. SmileDirect hired an external executive-search firm to find its next CFO. Shares of SmileDirect fell 1.6% in the extended session Tuesday after ending the regular trading day up 9%.

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