Imperial Brands' CEO Exit Disappoints Investors -- Market Talk
Dow Jones
May 14
0902 GMT - Imperial Brands' investors disappointment following CEO Stefan Bomhard's exit is understandable, AJ Bell's Russ Mould writes in a note. Bomhard has helped drive big returns of capital to shareholders, with the company achieving a total return of more than 100% since he took the helm in July 2020, Mould says. "Current finance chief Lukas Paravicini will likely continue to pursue a similar strategy but may have to contend with increasing regulatory pressures in the long term," he adds. Shares are down 6.6% at 2,699 pence. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
May 14, 2025 05:03 ET (09:03 GMT)
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