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Compass Diversified Sees Board Changes Amid Strong Q3 Growth

1/7/2025

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Summary

Story summary

Compass Diversified Holdings will see board changes as Gordon M. Burns steps down in 2025.
Nancy B. Mahon will take over as Chair of the Nominating Committee.
The company reported a 25% rise in adjusted EBITDA for Q3 2024 and increased its full-year guidance.
US indices displayed mixed results, with December's PMI at 36.9, signaling continued contraction.
The Atlanta Fed lowered Q4 GDP forecast to 2.6%, while initial jobless claims dropped to 211,000.

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Story summary

Compass Diversified Holdings will see board changes as Gordon M. Burns steps down in 2025.
Nancy B. Mahon will take over as Chair of the Nominating Committee.
The company reported a 25% rise in adjusted EBITDA for Q3 2024 and increased its full-year guidance.
US indices displayed mixed results, with December's PMI at 36.9, signaling continued contraction.
The Atlanta Fed lowered Q4 GDP forecast to 2.6%, while initial jobless claims dropped to 211,000.