Execution RiskAmid the CEO transition, pending Global Blue integration, and an ample roster of organic initiatives, there is potential execution risk.
Integration ConcernsInvestors want evidence that the company can integrate its largest-ever acquisition and deliver consistently better-than-expected financial results.
Leadership StabilityA CFO transition at this point is suboptimal and indicates a lack of consistency, as the company is now on its third CFO in five years.