Getinge ousts CEO Myers after 18 months, shares slide
After less than 18 months in the corner office, Getinge (PINK:GETI B) has removed CEO Alex Myers from his position, sending shares down as much as 6% in trading.
The shift was due to “different views” on the direction of the company, and changes are going into effect as of today, Getinge said.
“The board of directors and Alex Myers have different views on the future direction of the Getinge Group and the board has therefore concluded that a replacement of the president & CEO is necessary,” board chair Carl Bennet said in a press release.
The company tapped current surgical workflows prez Joacim Lindoff to step in as acting prez & CEO.
Shares drooped 4% to close at $167.60 on the SEK.
The post Getinge ousts CEO Myers after 18 months, shares slide | Personnel Moves August 22, 2016 appeared first on MassDevice.
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