Amcor Says CEO Ron Delia Has Informed Decision To Retire From Company And Step Down From Board For Health Reasons, Effective April 15, 2024
Portfolio Pulse from Benzinga Newsdesk
Amcor announced that CEO Ron Delia will retire and step down from the board for health reasons, effective April 15, 2024. Peter Konieczny, the current Chief Commercial Officer, has been appointed as Interim CEO. The board is searching for a permanent successor, considering both internal and external candidates.
March 19, 2024 | 8:17 pm
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Amcor's CEO Ron Delia to retire due to health reasons, with Peter Konieczny appointed as Interim CEO. A search for a new CEO is in progress.
CEO transitions can lead to uncertainty, but the appointment of an experienced interim CEO and the search for a permanent successor suggest a smooth transition. The impact on stock price is likely neutral in the short term as the market assesses the company's stability and future direction under new leadership.
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