ENXTPA:LIRetail REITs
Klépierre Board Shakeup Tests Governance As Shares Trade Below Fair Value
Klépierre announced the immediate departure of Supervisory Board Chairman David Simon after fourteen years in the role.
The current Vice Chairwoman has been appointed interim Chair of the Supervisory Board.
Audit Committee Chair John Carrafiell is also set to leave, adding to the board level changes.
Klépierre, traded as ENXTPA:LI, is drawing attention as these governance changes come with the share price at €34.66. The stock has returned 6.8% over the past 30 days, 4.1% year to date, and...