Several profit warnings resulted in the immediate departure of the CFO in spring 2018 and the announcement that the CEO would leave in early 2019. It has taken the Supervisory Board some six months to present a successor: Stefan Klebert, born in 1965. This announcement has resulted in quite a sharp share price recovery today (19 September). Investors seem to believe that things can only get better under the new helm. Because of the company’s regular profit warnings in recent years, the
19 Sep 2018
A successor for outgoing CEO Jürg Oleas has been found
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A successor for outgoing CEO Jürg Oleas has been found
GEA Group Aktiengesellschaft (G1A:WBO) | 0 0 0.5% | Mkt Cap: 7,394m
- Published:
19 Sep 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
Several profit warnings resulted in the immediate departure of the CFO in spring 2018 and the announcement that the CEO would leave in early 2019. It has taken the Supervisory Board some six months to present a successor: Stefan Klebert, born in 1965. This announcement has resulted in quite a sharp share price recovery today (19 September). Investors seem to believe that things can only get better under the new helm. Because of the company’s regular profit warnings in recent years, the