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Michael Hill International Mourns the Loss of CEO Daniel Bracken

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Michael Hill International Mourns the Loss of CEO Daniel Bracken

Michael Hill International Ltd. ( (AU:MHJ) ) has issued an update.

Michael Hill International Limited has announced the unexpected passing of its CEO and Managing Director, Daniel Bracken, due to an adverse reaction to medical treatment. Bracken, who led the company for seven years, was instrumental in transforming the business and is remembered for his innovative leadership. The board will announce interim leadership arrangements soon.

More about Michael Hill International Ltd.

Michael Hill International Limited is a renowned jewelry retailer founded by Sir Michael Hill in 1979, with its first store in Whangarei, New Zealand. The company operates 300 stores across Australia, New Zealand, and Canada, with its global headquarters in Brisbane, Australia. It is listed on the ASX and NZX.

YTD Price Performance: -23.73%

Average Trading Volume: 33,232

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$173.1M

For a thorough assessment of MHJ stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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