Vector CEO to Step Down; Shares Rise Over 5%

MT Newswires Live02-26

Vector (NZE:VCT) said that Chief Executive Simon Mackenzie will step down, according to a Wednesday New Zealand bourse filing.

Mackenzie will stay on as a director of Bluecurrent, formerly Vector Metering, and leave Vector at the end of June, the filing said.

The firm's shares jumped over 5% in recent trading on Wednesday.

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