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    UMG — United Malt News Story

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    Australia's United Malt Group slips as CEO Palmquist set to retire

    Picture of United Malt logoUnited Malt
    06/10/2022 02:01
    ** Shares of United Malt Group Ltd  UMG.AX  drop as much as
2.5% to A$3.17 
    ** Commercial maltster says CEO and MD Mark Palmquist will
retire in FY23
    ** Palmquist became CEO and MD of UMG in March 2020, and was
previously CEO of GrainCorp Ltd  GNC.AX  
    ** UMG says search for new CEO underway
    ** Stock down 25.5% this year, as of last close
 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))

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