Business
Kathmandu (ASX:KMD) share price on watch after CEO resigns
Clothing and outdoor gear retailer Kathmandu Holdings Ltd (ASX: KMD) has today announced the resignation of its chief executive, Xavier Simonet. The Kathmandu share price will be one to watch today following this announcement.
What was announced today?
Kathmandu says Simonet will resign from the company to take up a senior role with the Australian Public Service. The company did not mention specifically which government department he will be serving.
Simonet has been with Kathmandu for the last five years in the chief executive role, and will remain with the company through his mandatory six-month notice period, or until the board decides to release him.
What did Simonet achieve during his tenure?
Simonet led the company through…
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