Dauch Corp rises after naming new finance chief
BUZZ-Dauch Corp rises after naming new finance chief ** Shares of auto parts supplier Dauch Corp DCH.N up 1.4% at $5.75 premarket
** Co names Nathan Iles, formerly CFO of Standard Motor Products, as its next CFO, effective Dec 1
** Says Christopher May, CFO since 2015, will become EVP and chief administrative officer
** Calls the changes a "structured succession plan" to support its next phase of growth
** 6 of 13 brokerages rate the stock "buy" or above and 7 "hold"; median PT is $8 - data compiled by LSEG
** As of last close, stock has fallen 11.54% YTD
(Reporting by Miraanta Lowrance in Bengaluru)
Recent news on Dauch
See all newsDauch Corporation - Dauch Announces CFO Succession and Realignment
US STOCKS ON THE MOVE-Microsoft, Salesforce, Bristol Myers
US STOCKS ON THE MOVE-Microsoft, C3.ai, Salesforce, Bristol Myers
Brief: Dauch Corporation Announces Financial Leadership Succession Plan And Executive Realignment
US STOCKS ON THE MOVE-Salesforce, Brown & Brown, IonQ, Harmony Biosciences