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Close the Loop Ltd. Announces Leadership Transition

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Close the Loop Ltd. Announces Leadership Transition

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The latest announcement is out from Close the Loop Ltd. ( (AU:CLG) ).

Close the Loop Ltd. has announced that Joe Foster will transition from his role as Global Chief Operations Officer to a Non-Executive Director and consultant starting 1 September 2025. This strategic move ensures that Foster’s expertise in packaging remains accessible to the company, supporting its five-pillar strategy and enhancing the board’s capability to drive future growth. The transition reflects the company’s commitment to maintaining a skilled and diversified board to strengthen its industry positioning.

The most recent analyst rating on (AU:CLG) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.

More about Close the Loop Ltd.

Close the Loop Ltd. is a global leader in the circular economy industry, with operations in the United States, Australia, South Africa, and Europe. The company specializes in collecting and refurbishing products like laptops, printers, teleconferencing equipment, and gaming devices, and offers sustainable packaging solutions to enhance recoverability and recyclability. Close the Loop is focused on global expansion and sustainability.

Average Trading Volume: 3,022,750

Technical Sentiment Signal: Sell

Current Market Cap: A$15.96M

For detailed information about CLG stock, go to TipRanks’ Stock Analysis page.

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