Lindt & Sprüngli chief executive steps down after disappointing sales
Lindt & Sprüngli chief executive Adalbert Lechner has stepped down after disappointing sales, as the Swiss chocolate maker faces pressure on volumes following sharp price rises.
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Adalbert Lechner has stepped down as chief executive of Swiss chocolate maker Lindt & Sprüngli after disappointing sales, the company says. Vice-chairman Dieter Weisskopf will take over on an interim basis, with a permanent successor due to be appointed next year. [1]
The company’s board said new operational leadership was needed to restore “consistent and strong growth” and seize opportunities across its markets. Lechner had led Lindt & Sprüngli since October 2022 and worked for the company for 33 years. [1]
Lindt & Sprüngli has raised prices sharply in response to costly cocoa, putting pressure on sales volumes. Last month, it issued a revenue warning for this year. [1]
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