M&C CEO Leaves after 5 Months, M&C Stock Down 10pct
Filed under: Business, News | By: Roy
Posted on: August 7, 2007 | No Comments
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?
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