Leadership transitions can have a mixed impact on stock prices, depending on investor perceptions of the incoming leader's ability to drive company growth. In this case, Chad Groves' extensive experience in sales, marketing, and innovation within the food industry may be viewed positively. However, as the transition is planned for 2024, the immediate impact on SEB's stock price is likely to be neutral, with more significant effects potentially emerging as the transition date approaches and Groves' strategic vision becomes clearer.