Blue Bird brings back former CEO, shares fall

Blue Bird

15/05/2023 15:16

** Shares of school bus maker Blue Bird Corp  BLBD.O  down
11.2% at $23.37 in morning trade
    ** Company appoints Phil Horlock to assume position of
president and chief executive officer, effective immediately
    ** Horlock held this position for nearly 11 years between
2011 and 2021, and currently serves on company's board
    ** Matthew Stevenson, the current president and CEO, is
leaving company for personal reasons - BLBD
    ** Stock has more than doubled YTD

 (Reporting by Aatrayee Chatterjee in Bengaluru)
 ((aatrayee.chatterjee@thomsonreuters.com))