NORMA Group Names Supervisory Board Chair Interim CEO as Transformation Pace Sparks Split

NORMA Group logo NORMA Group (ETR:NOEJ) said its Supervisory Board has decided a change at the top of the company is “sensible and necessary” as the manufacturer moves into the next phase of its strategic transformation, according to remarks made on a conference call held on short notice. The company’s chair of the Supervisory Board, speaking from Maintal alongside CFO Annette Stieve and COO Daniel Heymann, said he will serve as interim CEO for up to 12 months while the board runs a structured search for ...