Australia's Hazer Group rises on new CEO appointment

Hazer

29/06/2022 06:52

** Shares of tech development company Hazer Group Ltd
 HZR.AX  rise as much as 9.2% to A$0.655, hitting their highest
level since June 9
    ** HZR appoints Glenn Corrie as its chief executive officer,
replacing current managing director Geoff Ward  urn:newsml:reuters.com:*:nASX2YG32R
    ** Says appointment will be effective from Oct. 10
    ** CEO succession is part of a plan to meet leadership needs
of company on its next growth phase - HZR
    ** More than 1.2 million shares change hands, compared with
the 30-day average volume of about 444,000 shares 
    ** Stock has fallen 47.6% this year, as of last close

 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))