Lark's CEO Change Surprising But Strong Replacement Chosen -- Market Talk

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2230 GMT [Dow Jones]--Lark Distilling's CEO change surprises bull Canaccord Genuity. Lark said Sash Sharma would step down as CEO at the end of December, to be replaced by Stuart Gregor, co-founder of Four Pillars Gin and a current nonexecutive director on Lark's board. Analyst Allan Franklin considers Gregor to be a strong successor, noting his experience in growing Four Pillars to the point that it was acquired by Kirin Holdings unit Lion in 2023. "Executing on the sales acceleration both domestically and internationally remains the key watch point for investors," says Canaccord. It expects sales to pick up from 2Q of FY 2026. Canaccord retains a buy call and A$1.34/share price target on Lark, which ended Tuesday at A$0.81. (david.winning@wsj.com)

(END) Dow Jones Newswires

September 16, 2025 18:40 ET (22:40 GMT)

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Lark said Sash Sharma would step down as CEO at the end of December, to be replaced by Stuart Gregor, co-founder of Four Pillars Gin and a current nonexecutive director on Lark's board. Analyst Allan Franklin considers Gregor to be a strong successor, noting his experience in growing Four Pillars to the point that it was acquired by Kirin Holdings unit Lion in 2023. \"Executing on the sales acceleration both domestically and internationally remains the key watch point for investors,\" says Canaccord. It expects sales to pick up from 2Q of FY 2026. Canaccord retains a buy call and A$1.34/share price target on Lark, which ended Tuesday at A$0.81. 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Lark said Sash Sharma would step down as CEO at the end of December, to be replaced by Stuart Gregor, co-founder of Four Pillars Gin and a current nonexecutive director on Lark's board. Analyst Allan Franklin considers Gregor to be a strong successor, noting his experience in growing Four Pillars to the point that it was acquired by Kirin Holdings unit Lion in 2023. \"Executing on the sales acceleration both domestically and internationally remains the key watch point for investors,\" says Canaccord. It expects sales to pick up from 2Q of FY 2026. Canaccord retains a buy call and A$1.34/share price target on Lark, which ended Tuesday at A$0.81. (david.winning@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 16, 2025 18:40 ET (22:40 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7097","symbol_name":"釀酒商與葡萄酒商","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2568431437","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2568431437","pubTimestamp":1758062400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2230 GMT [Dow Jones]--Lark Distilling's CEO change surprises bull Canaccord Genuity. Lark said Sash Sharma would step down as CEO at the end of December, to be replaced by Stuart Gregor, co-founder of Four Pillars Gin and a current nonexecutive director on Lark's board. Analyst Allan Franklin considers Gregor to be a strong successor, noting his experience in growing Four Pillars to the point that it was acquired by Kirin Holdings unit Lion in 2023. \"Executing on the sales acceleration both domestically and internationally remains the key watch point for investors,\" says Canaccord. It expects sales to pick up from 2Q of FY 2026. Canaccord retains a buy call and A$1.34/share price target on Lark, which ended Tuesday at A$0.81. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7097":"酿酒商与葡萄酒商","LRK.AU":"LARK DISTILLING CO. LTD","BK7501":"新冠治疗股"},"translate_title":"Lark首席执行官变动令人惊讶但强有力的继任者被选中——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LRK.AU":0.9},"content_text":"2230 GMT [Dow Jones]--Lark Distilling's CEO change surprises bull Canaccord Genuity. Lark said Sash Sharma would step down as CEO at the end of December, to be replaced by Stuart Gregor, co-founder of Four Pillars Gin and a current nonexecutive director on Lark's board. Analyst Allan Franklin considers Gregor to be a strong successor, noting his experience in growing Four Pillars to the point that it was acquired by Kirin Holdings unit Lion in 2023. \"Executing on the sales acceleration both domestically and internationally remains the key watch point for investors,\" says Canaccord. It expects sales to pick up from 2Q of FY 2026. Canaccord retains a buy call and A$1.34/share price target on Lark, which ended Tuesday at A$0.81. 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