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CPR Davide Campari

8.75
0.128 (1.48%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Davide Campari BIT:CPR Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.128 1.48% 8.75 8.662 8.77 8.75 8.574 8.574 2,389,097 17:00:00

Campari Shares Fall After CEO Change Announced

12/09/2023 9:32am

Dow Jones News


Davide Campari (BIT:CPR)
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From Jul 2023 to Jul 2024

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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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