Altisource asset management corporation reports a stock dividend in lieu of a stock split and appointment of new cfo

Christiansted, u.s. virgin islands--(business wire)--altisource asset management corporation (“aamc” or the “company”) (nyse american: aamc) announces that the board of directors has elected to cancel the previously reported 2 for 1 common stock split and instead is proceeding with a 70% stock dividend. the board also announces the promotion of richard rodick, previously vice president, finance, to chief financial officer. mr. rodick succeeds previous cfo stephen krallman, who is resigning from.
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