Australia's Maggie Beer Holdings jumps on CEO appointment

Maggie Beer Holdings

28/12/2022 24:50

** Shares of Maggie Beer Holdings  MBH.AX  rise as much as
8.1% to A$0.200, on track for their biggest intraday percentage
gain since Dec. 16 
    ** The food and beverage firm appoints Kinda Grange as its
Chief Executive Officer, with effect from March 1, 2023
 urn:newsml:reuters.com:*:nASX9ry0cM
    ** Says current CEO and Managing Director, Chantale Millard,
will resign as Managing Director on Dec. 31 
    ** Stock hits highest since Dec. 23 
    ** MBH is down 64% this year, as of last close 
 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))