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Viva Energy Group Ltd. ( (AU:VEA) ) has shared an update.
Viva Energy Group Ltd announced significant leadership changes in its Convenience and Mobility (C&M) business, with the resignation of CEO Jevan Bouzo. Jennifer Gray, currently the Group COO, will serve as Interim CEO while the company searches for a new leader with extensive retail experience. The changes are part of a strategic transition following the consolidation of major acquisitions, including Coles Express and Liberty Convenience, establishing Viva Energy as a leading convenience retail business in Australia. Despite these changes, the company maintains its strategic priorities and outlook as previously communicated.
The most recent analyst rating on (AU:VEA) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Viva Energy Group Ltd. stock, see the AU:VEA Stock Forecast page.
More about Viva Energy Group Ltd.
Viva Energy Group Ltd (ASX: VEA) is a prominent convenience retailer and energy infrastructure company in Australia, with over 120 years of history. The company operates a network of nearly 900 retail convenience and fuel stores across the country and supplies fuels and lubricants to about 1,500 service stations. It also owns the Geelong Refinery in Victoria and manages various businesses in bulk fuels, aviation, bitumen, marine, chemicals, polymers, and lubricants, supported by more than 20 terminals and 79 airports and airfields nationwide.
YTD Price Performance: -22.26%
Average Trading Volume: 4,704,550
Technical Sentiment Signal: Sell
Current Market Cap: A$3.17B
For detailed information about VEA stock, go to TipRanks’ Stock Analysis page.