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Tai Ping Carpets Announces Planned 2026 Retirement of CEO Mark Worgan and Launches Succession Search

Story Highlights
  • Tai Ping Carpets’ CEO and Executive Director Mark Worgan will retire effective 31 December 2026.
  • The board has begun a formal search for a new CEO, signalling an orderly leadership transition.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tai Ping Carpets Announces Planned 2026 Retirement of CEO Mark Worgan and Launches Succession Search

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Tai Ping Carpets International ( (HK:0146) ) just unveiled an announcement.

Tai Ping Carpets International Limited has announced that Chief Executive Officer and Executive Director Mark Stuart Worgan will retire from his roles with effect from 31 December 2026, after joining the company in 2008 and assuming the CEO position in early 2018. The board stated that Worgan has no disagreements with the company and there are no issues requiring shareholder attention in connection with his departure, while initiating a formal search process to identify his successor, a move that signals an orderly leadership transition aimed at maintaining continuity in governance and operations as the company approaches the change in top management.

The most recent analyst rating on (HK:0146) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Tai Ping Carpets International stock, see the HK:0146 Stock Forecast page.

More about Tai Ping Carpets International

Tai Ping Carpets International Limited is a Bermuda-incorporated company listed in Hong Kong that operates in the carpet and floor coverings industry. The group focuses on the design, manufacture and distribution of carpets, serving customers through an international platform overseen by a board comprising executive, non-executive and independent non-executive directors.

Average Trading Volume: 31,258

Technical Sentiment Signal: Buy

Current Market Cap: HK$401M

For a thorough assessment of 0146 stock, go to TipRanks’ Stock Analysis page.

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