Michael Hill International (ASX:MHJ, NZE:MJH) said its Chief Executive Officer and Managing Director Daniel Bracken as unexpectedly passed away overnight as a result of an adverse reaction to treatment for an underlying condition, according to a Wednesday Australian and New Zealand bourse filing.
The company said it will provide further details of interim leadership arrangements in due course.
Company shares were down 4% in recent trade in Australia and up 2% in New Zealand.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.