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Imperial Dade and its parent company BCPE Empire Topco have confirmed that Marc Mongolla will step down as the company’s chief financial officer, effective Aug. 30, according to a press statement

Mongolla will be temporarily replaced by Paul Cervino, the company’s Chief Administrative Officer, until a permanent successor is found.

Cervino has been with Imperial Dade for 10 years,

“On behalf of everyone at Imperial and our board of directors, I want to thank Marc for his financial leadership and many contributions during his tenure as CFO,” says Imperial Dade chief executive officer Robert Tillis. “We have full confidence in Paul’s ability to lead our finance operations, and we expect a smooth transition. We are grateful for his experience and leadership while our search is underway for a new chief financial officer. We look forward to updating our financial partners on our second quarter financial results in our next earnings call.”

Mongolla plans to assist Imperial Dade through the transition.