ProPhase Labs, Finance Chief Bill White Agree to Separation

Bill White, who joined ProPhase Labs Inc. as chief financial officer in late May

 the diagnostics and genomics business announced on Friday.

New York-based business said in a short filing with the U.S. Securities and Exchange Commission that Mr. White's departure was unrelated to any problems with financial disclosures 

According to ProPhase, Mr. White will get a separation payment of $10,000 as well as $90,000 for his consulting services

He will continue to work as a consultant through the end of the year.

In May, ProPhase announced that Monica Brady, who had served as the organization's chief financial officer since January 2019

 will continue in her role as chief accounting officer following Mr. White's hiring.

Slower U.S. job growth anticipated in September; labor market still tight