"Endeavour Mining Dismisses CEO Over Misconduct Allegations"
TL;DR Summary
Endeavour Mining Plc dismissed its CEO Sébastien de Montessus due to serious misconduct related to a suspicious $5.9 million payment instruction during an asset sale. The company's shares dropped significantly following the announcement, which was the result of a board investigation prompted by whistleblowing allegations concerning de Montessus's personal conduct with other employees.
Topics:business##business-and-finance#ceofired#corporategovernance#endeavourmining#sebastiendemontessus#seriousmisconduct
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
45%
96 → 53 words
Want the full story? Read the original article
Read on Bloomberg