Mobico Group ( (GB:MCG) ) has shared an update.
Mobico Group PLC announced that CEO Ignacio Garat will step down effective April 30, 2025, transitioning to an advisory role for three months to ensure a smooth leadership transition. Phil White, the Chair designate with extensive experience in the transport sector, will serve as Executive Chair on an interim basis. This leadership change follows the completion of the North America School Bus sale and the announcement of full-year results, marking a strategic shift as the company aims to enhance operational and financial performance.
More about Mobico Group
Mobico Group PLC, formerly known as National Express Group plc, operates in the transport sector. The company focuses on providing transportation services and has a significant presence in the industry, with a workforce of 51,500 employees.
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Technical Sentiment Signal: Strong Buy
Current Market Cap: £213.5M
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