IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

Lindt replaces CEO after weak European sales

Lindt has ousted CEO Adalbert Lechner following poor European results and recent outlook cuts. Former chief Dieter Weisskopf takes over as interim CEO while the company seeks a permanent replacement.

Xurve View
Insights:
FILE PHOTO: Lindt signage is seen at their store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. REUTERS/Andrew Kelly/File Photo

CHOCOLADEFABRIKEN LINDT-REG ousted CEO Adalbert Lechner on Monday following weak sales in Europe and two outlook cuts. Former chief Dieter Weisskopf returned to lead the Switzerland-based chocolate maker as interim CEO with immediate effect. Shares fell 1.7% following the announcement, extending losses to 25% this year.
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.