Americold Realty Trust Appoints New CFO Amid Financial Challenges

Americold Realty Trust (COLD) has appointed Christopher Papa as its new CFO, effective February 23. Papa previously held a similar role at CenterPoint Properties. The company operates as the world's second-largest owner and operator of temperature-controlled warehouses and has faced financial challenges with declining revenue growth and profitability metrics. Americold's financial health analysis reveals a 3-year revenue growth rate of -3.7%, an operating margin of 7.77%, and a debt-to-equity ratio of 1.41.