Atos Shares Slump After Latest CEO Appointment - News Summed Up

Atos Shares Slump After Latest CEO Appointment


"Due to a difference of opinion on the governance to adjust and execute the strategy, I decided to leave the company," said Bernaert, the outgoing CEO. The announcement is the latest shake-up at Atos after a few tumultuous years. At 0815 GMT, Atos shares traded 16% lower at EUR4.08. He joins Atos from vehicle maintenance and equipment company Mobivia, where he served as CFO. Meanwhile, Atos said it would meet its revenue and profit guidance for 2023, though free cash flow should be slightly below its forecasts by roughly EUR100 million.


Source: Wall Street Journal January 15, 2024 11:22 UTC



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