BUZZ-Australia's Endeavour Group falls after CEO resigns

Reuters09-27

** Shares of Endeavour Group fall as much as 3.7% to A$5.11, set for worst day since late August - if current losses hold

** The hotel business co says Steve Donohue will step down as chief executive officer and managing director

** Says Donohue will continue in CEO role until a new chief executive is found

** Including day's moves, stock has fallen 5.2% this year

(Reporting by Archishma Iyer)

((Archishma.Iyer@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment