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Itron CFO resigns

Itron Inc. said March 28 that Executive Vice President and CFO Mark Schmitz resigned from the company, effective immediately, but will stay for a month to ensure a smooth transition during the first-quarter accounting close.

While the company looks for a qualified replacement, Robert Farrow will serve as interim CFO, according to a news release. Farrow is currently Itron's vice president of strategic planning and treasury.