Beiersdorf : The new CEO Stefan De Loecker reshuffles the executive board. What might this mean?
>Neutral: a wait-and-see stance prevails regarding the new CEO’s strategy - The changes announced yesterday (during trading) to Beiersdorf’s executive board may in themselves be seen as positive for several reasons. And in this respect, the positive reaction in the share price is understandable. the reshuffling of part of the executive board, a few weeks after the appointment of Stefan De Loecker as CEO, ends a certain power vacuum (if indeed there was one!)...Beiersdorf manufactures and distributes consumer goods. Co. operates in two business segments: consumer, which is Co.'s main business that focuses on the skin and body care markets, with products including NIVEA's Deodorant Invisible for Black & White, NIVEA Deodorant Stress Protect, NIVEA In-Shower Body Lotion, NIVEA Cellular Anti-Age face care, and Eucerin's VOLUME-FILLER; and tesa, which develops, produces, and markets self-adhesive products and system solutions for industry, craft businesses, and consumers. In the electrical industry, the tesa business segment's adhesive systems are used in mobile devices such as smartphones, tablet personal computers, and MP3 players.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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