Lindt CEO Lechner to leave, former CEO steps in as interim chief

By Reuters News

Oct 19 (Reuters) - Swiss chocolate maker Lindt & Sprüngli LISN.S said on Monday that Chief Executive Adalbert Lechner was leaving the company, with former CEO Dieter Weisskopf appointed as interim chief with immediate effect.

"The Board of Directors has concluded that Lindt & Sprüngli requires new operational leadership to return to consistent, strong growth and to capture opportunities in all its markets globally," Lindt said in a statement.

  • Lindt aims to appoint a permanent CEO in the second quarter of 2027

  • Lechner had been working as the company's CEO since October 2022

  • The company's stock has shed a quarter of its value so far this year

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.