Anterix: Falls after leadership shuffle

Anterix

25/06/2020 15:23

** Shares of wireless communications company  ATEX.O  down
2.2% at $48.8 after it announces executive leadership succession
plan
    ** ATEX President Rob Schwartz to succeed Morgan O'Brien as
chief executive officer; O'Brien to succeed Brian McAuley as
executive chairman 
    ** Successions will be effective July 1
    ** "As Executive Chair, I see my role to be his strongest
advocate and his toughest critic. Over the many years we have
worked together, we have forged the bond to make that
relationship work" - O'Brien 
    ** Stock up 13.8% YTD

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com;
twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776;))