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Dicker Data Announces Leadership Transition as Co-Founder Steps Down

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Dicker Data Announces Leadership Transition as Co-Founder Steps Down

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Dicker Data Limited ( (AU:DDR) ) just unveiled an update.

Dicker Data has announced a leadership transition with co-founder David Dicker stepping down from his roles as CEO, Chairman, and director. Despite his departure, Dicker will remain as a consultant for six months to provide strategic advice. The company will now be led by an experienced executive team consisting of Vladimir Mitnovetski, Mary Stojcevski, and Ian Welch, who will report to Fiona Brown, the other co-founder, now taking on the role of Executive Chair. This transition is seen as a positive step, ensuring continuity and stability, as the company remains committed to innovation and growth.

The most recent analyst rating on (AU:DDR) stock is a Buy with a A$10.40 price target. To see the full list of analyst forecasts on Dicker Data Limited stock, see the AU:DDR Stock Forecast page.

More about Dicker Data Limited

Dicker Data is an Australian-owned and operated, ASX-listed distributor of technology hardware, software, and cloud solutions. Established in 1978, the company focuses on developing strong, long-term relationships with its partners, offering a wide range of products from leading technology vendors such as Cisco, Citrix, Dell Technologies, Hewlett Packard Enterprise, HP, Lenovo, and Microsoft. Dicker Data is dedicated to helping its partners deliver industry-leading solutions tailored to client needs.

Average Trading Volume: 320,228

Technical Sentiment Signal: Hold

Current Market Cap: A$1.57B

See more insights into DDR stock on TipRanks’ Stock Analysis page.

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