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WEB Travel Group ( (AU:WEB) ) just unveiled an announcement.
Web Travel Group Limited announced the resignation of its Chief Financial Officer, Tony Ristevski, effective at the end of May 2026. Ristevski, who played a crucial role in integrating key acquisitions and navigating the company through the pandemic, will remain during his notice period to ensure a smooth transition. The company will begin the search for a new CFO and provide updates in due course. His departure is partly due to the company’s shift towards a northern hemisphere focus, which has increased the time demands of managing from Melbourne.
The most recent analyst rating on (AU:WEB) stock is a Buy with a A$5.75 price target. To see the full list of analyst forecasts on WEB Travel Group stock, see the AU:WEB Stock Forecast page.
More about WEB Travel Group
Web Travel Group Limited, trading on the ASX under the symbol WEB, is a prominent player in the travel industry. The company specializes in B2B travel services and has established itself as a leading global provider through strategic acquisitions, such as Jac Travel and DOTW. Its operations are now primarily focused on the northern hemisphere.
YTD Price Performance: -15.90%
Average Trading Volume: 1,874,796
Technical Sentiment Signal: Sell
Current Market Cap: A$1.39B
For an in-depth examination of WEB stock, go to TipRanks’ Overview page.