Zumtobel shares rise after CEO offers to leave
VIENNA (Reuters) – Shares in Austrian lighting group Zumtobel () rose as much as 3.5 percent on Monday after its Chief Executive Ulrich Schumacher said he was ready to quit following a slump in revenues and a profit warning.
Name: Ulrich Schumacher
Continent: Europe
Country: Austria
Company: Zumtobel
Branch: Manufacturing (Lighting)
Position: CEO
Reason: Resigned
Announcement Date: January 14, 2018, 11:00pm
Resignation Date: January 14, 2018, 11:00pm