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Lindt-Chef Adalbert Lechner muss per sofort gehen – die alte Garde versucht den Befreiungsschlag
Reporting by NZZ - Neue Zürcher Zeitung (International)Read the original at nzz.ch
Executive Summary
Facts Only
* Lindt-Chef Adalbert Lechner left immediately.
* Adalbert Lechner worked at the company for 33 years.
* Dieter Weisskopf is taking over as interim CEO, having served as President of the Board since 2016.
* The board plans to present a permanent CEO by the second quarter of 2027.
* Sales volumes declined in Germany, Switzerland, and Austria over the past year.
* Product prices were increased by 40 to 50 percent in recent years due to rising cocoa market prices.
* Management revised sales expectations downward in March and September.
* The company's stock price fell by approximately 40 percent this year.
* Länderchef Michal Spiller left the German country management role for Ali Kulein.
* Fabian Reinhardt will replace the previous Global Sales head in Austria.
Full Take
From the original · NZZ - Neue Zürcher Zeitung (International)
Lindt & Sprüngli kämpft mit schwachen Verkaufszahlen und einem stark gesunkenen Aktienkurs. Nun übernimmt die alte Garde rund um Präsident Ernst Tanner und den ehemaligen Chef Dieter Weisskopf nochmals das Ruder.Read the full story at nzz.ch
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