DMC Global names insider Kuta as CEO

Dmc Global

07/08/2023 17:14

** Shares of diversified industrial firm DMC Global Inc
 BOOM.O  down 1.2% at $18.26
    ** Co appoints Michael Kuta as president, CEO and director,
effective immediately
    ** Kuta was co's CFO from 2014 to Jan. 2023; in Jan 2023, he
assumed the role of BOOM's interim co-CEO
    ** BOOM shares down 6.1% YTD


 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))