PriceSmart Announces CEO Transition Plan
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PriceSmart, Inc. announced a CEO transition plan where Robert Price will step down as Interim CEO and become Executive Chairman. David Price, currently EVP and Chief Transformation Officer, will succeed him as CEO effective September 1, 2025.
March 03, 2025 | 9:15 pm
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PriceSmart announced a leadership transition with Robert Price stepping down as Interim CEO and David Price taking over as CEO. This change is effective September 1, 2025.
The announcement of a CEO transition is significant for PriceSmart as it may impact strategic direction and investor sentiment. However, since the transition involves internal leadership, the immediate impact on stock price is likely neutral.
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