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Carlsberg: boss set to quit soon

(CercleFinance.com) - The Danish brewer announced the upcoming departure of its CEO Cees't Hart on Tuesday, which caused its share to lose its fizz on the Copenhagen Stock Exchange.


At 10.40am, the share was down over 1%, going against the trend of the Nordic markets and the European stock exchanges.

In a statement issued in the morning, Carlsberg said that Cees't Hart had announced his intention to leave the company by the end of September at the latest, which means that the search for his successor has already begun.

While this announcement comes as no surprise, we regret his upcoming departure, said RBC analysts. He has been one of the best leaders we have met in the consumer sector, the Canadian broker adds.

Under his leadership, the Danish brewer achieved record results and increased shareholder remuneration fivefold through dividends and share buybacks.

It's fair to say that he's never made a single misstep, RBC added.



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