Houston seismic co. fires CFO, CEO resigns on SEC investigation

Joshua Mann
Houston seismic co. fires CFO, CEO resigns on SEC investigation

Update: In addition to his recent appointment as interim chairman, Michael Faust also was named interim president, according to an Aug. 22 press release. Houston-based SAExploration Holdings Inc. (Nasdaq: SAEX) fired its CFO and put its top executive on administrative leave after it announced that it is under investigation by the U.S. Securities and Exchange Commission. The SEC is investigating the company’s accounting in 2015 and 2016, according to a press release from SAExploration.