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Super Retail Group Terminates CEO Amid Disclosure Issues

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Super Retail Group Terminates CEO Amid Disclosure Issues

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Super Retail Group Limited ( (AU:SUL) ) has issued an update.

Super Retail Group Limited has announced the immediate termination of its Group Managing Director and Chief Executive Officer, Anthony Heraghty, due to unsatisfactory prior disclosures regarding his relationship with the former Chief Human Resources Officer. The Board has decided to lapse all of Mr. Heraghty’s incentives and has appointed David Burns, the Chief Financial Officer, as the Interim Chief Executive Officer while a search for a permanent replacement is conducted.

The most recent analyst rating on (AU:SUL) stock is a Buy with a A$20.50 price target. To see the full list of analyst forecasts on Super Retail Group Limited stock, see the AU:SUL Stock Forecast page.

More about Super Retail Group Limited

Super Retail Group Limited operates in the retail industry, focusing on providing a diverse range of products and services. It is known for its market presence in the automotive, sports, and outdoor leisure sectors.

Average Trading Volume: 403,949

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$4B

For an in-depth examination of SUL stock, go to TipRanks’ Overview page.

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