Tanger Factory Outlet CFO James Williams is out effective July 1

Tanger Factory Outlet Centers Inc. said Monday it has notified its chief financial officer that he would no longer serve in that role, nor as executive vice president or treasurer of the company. The move is effective July 1, the company said in a regulatory filing. The exeutive James Williams’ departure “is not the result of any disagreement with the Company on any financial disclosures, accounting matters or any matter relating to the Company’s operations, policies or practices,” said the filing. It added that the company has started to search for a new CFO. Shares were halted premarket for the news, but are down 12.4% in the year to date, while the S&P 500 has fallen 13.8%.

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