Campari Shares Fall After CEO Change Announced
12 Septiembre 2023 - 3:32AM
Noticias Dow Jones
By David Sachs
Campari Group shares fell and were temporarily halted Tuesday
after the Italian liquor company said Chief Executive Officer Bob
Kunze-Concewitz would retire in April of next year and be replaced
by Matteo Fantacchiotti.
At 0756 GMT, shares were down 5.9% at EUR11.16.
Fantacchiotti, managing director of the company's Asia-Pacific
region, will take over as CEO in April of 2024, Campari said. He
has been appointed deputy CEO in the meantime.
Kunze-Concewitz will remain on the board as a non-executive
director, Campari said. He has been with the maker of Campari, Skyy
Vodka and Aperol, among other brands, for 16 years, the company
said.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
September 12, 2023 04:17 ET (08:17 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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