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Reliance Worldwide Corp. ( (AU:RWC) ) just unveiled an announcement.
Reliance Worldwide Corporation has announced the immediate retirement of its Chair, Stuart Crosby, from the Board due to health issues. Non-executive director Russell Chenu will serve as interim Chair while the Board conducts a search for an additional non-executive director, who is intended to be appointed as the new Chair, signalling a managed leadership transition. Crosby, who joined the Board in 2016 and became Chair in 2019, is credited with refreshing the Board, establishing new committees, and strengthening oversight in areas such as health and safety, sustainability, and remuneration, changes that have shaped RWC’s governance framework and its collaboration with management.
The most recent analyst rating on (AU:RWC) stock is a Hold with a A$4.20 price target. To see the full list of analyst forecasts on Reliance Worldwide Corp. stock, see the AU:RWC Stock Forecast page.
More about Reliance Worldwide Corp.
Reliance Worldwide Corporation Limited (RWC) is an ASX-listed company that operates in the plumbing and water management sector, supplying plumbing solutions and related products to residential, commercial, and industrial markets globally.
YTD Price Performance: 4.92%
Average Trading Volume: 2,552,245
Technical Sentiment Signal: Hold
Current Market Cap: A$3.06B
For detailed information about RWC stock, go to TipRanks’ Stock Analysis page.