Australia's Bendigo and Adelaide Bank slips to near 1-month low on surprise CEO exit

Bendigo and Adelaide Bank

02/07/2024 03:52

** Shares of Bendigo and Adelaide Bank  BEN.AX  fall as much
as 2.1% to A$11.180, hitting their lowest level since June 14
    ** Stock currently down 1.8%, faces worst day since April 16
    ** Banking services provider says Marnie Baker to conclude
time as CEO and managing director after 35 years with co
    ** BEN says Richard Fennell appointed as new CEO and
managing director
    ** Stock has risen 18.1% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))