M&C CEO Leaves after 5 Months, M&C Stock Down 10pct

Millennium & Copthorne Hotels said today that there were losing their second chrif executive in less than a year.

The departure of CEO Peter Papadimitropoulos, has cast a cloud over the groups jump in Q2 profits of 44 per cent.

On this news the the Millennium & Copthorne Hotels CEO was leaving, M&C stock is down nearly 9.69%.

M&C is a company that runs roughly 100 upmarket hotels around the world.

What do you think of the M&C CEO leaving after 5 months?

Should shareholders in M&C sell their stock?

Source

CLICK HERE to keep updated with the latest news, share a comment or problems with products and services. Follow us on twitter or read more news.