Mirant replacing chief financial officer
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Posted 11:43AM on Wednesday 4th December 2002 ( 22 years ago )
ATLANTA - Energy supplier Mirant Corporation said Wednesday it is replacing its chief financial officer. <br>
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The news comes a month after Mirant announced it had overstated net income during a three-year period by $41 million. <br>
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Mirant says Harvey Wagner will take over the position on January 1. He will be replacing Ray Hill, who has accepted a teaching position at Emory University's business school. <br>
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Wagner previously held CFO jobs at several high-tech firms. <br>
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In November, Mirant said it overstated net income from 1999 to 2002 as it filed a long-delayed second-quarter financial report with the Securities and Exchange Commission. <br>
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The Atlanta-based company said at the time that KPMG -- which replaced Arthur Andersen as its accounting firm in June -- will reaudit the company's 2000 and 2001 financial statements.
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