BUZZ-StoneCo slides as CEO Pedro Zinner to step down in March

Reuters

01/08

BUZZ-<a href="https://laohu8.com/S/STNE">StoneCo</a> slides as CEO Pedro Zinner to step down in March

** Brazilian payments company StoneCo's STNE.O shares slide 8.6% to $13.3

** STNE CEO Pedro Zinner has decided to resign from his position, effective March, for personal reasons

** CFO Mateus Scherer has been appointed as new top boss, effective March

** 9 of 11 brokerages rate stock "buy" or higher and two "hold"; median PT $20 - data compiled by LSEG

** STNE stock fell 12.2% in 2025

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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