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Helios Technologies (HLIO) just unveiled an announcement.
Helios Technologies’ Board of Directors has dismissed Josef Matosevic as President, CEO, and board member without severance due to a policy breach involving a consensual relationship with an employee, which did not impact the company’s financial integrity. Sean Bagan and Philippe Lemaitre will temporarily lead while a search for a permanent successor, considering both internal and external candidates, is conducted.
For detailed information about HLIO stock, go to TipRanks’ Stock Analysis page.