MGP Ingredients Disclosed the Retirement Of David Colo From The Role Of Chief Executive Officer And President, Effective December 31, And Appointment Of David Bratcher As The Replacement Effective January 1, 2024
Portfolio Pulse from Benzinga Newsdesk
MGP Ingredients announced the retirement of its CEO and President, David Colo, effective December 31. David Bratcher will replace him starting January 1, 2024.
November 02, 2023 | 12:00 pm
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NEUTRAL IMPACT
The retirement of CEO and President David Colo could lead to changes in MGP Ingredients' strategic direction. The new CEO, David Bratcher, may bring new perspectives and strategies.
CEO changes often lead to shifts in company strategy, which can impact stock performance. However, it's unclear at this point what changes David Bratcher might bring and how they would affect the company's stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100