Stabilus shares drop after CFO resignation

Stabilus SE

10/08/2026 07:57

** Shares in Stabilus STM1.DE drop 5.6% in early Frankfurt trade after the German motion-control supplier's CFO Andreas Jaeger stepped down
** The company said on Friday after the market closed that Jaeger had resigned from the job with immediate effect due to personal reasons
** "His predecessor did the same a year ago," a local trader notes, expecting the shares to fall on Monday
** Jaeger assumed the role in November 2025, succeeding Stefan Bauerreis, who had also left Stabilus at his own request in February 2025
** CEO Michael Büchsner to assume interim responsibility of the finance department until the position is filled

(Reporting by Anastasiia Kozlova)
((Anastasiia.Kozlova@thomsonreuters.com))