Currys PLC (LSE:CURY) opting to promote Fredrik Tønnesen from within its Nordic division is a sensible move, analysts said, even if it did not get much of a share price reaction. Rather than go for a change of direction, the electricals retailer's decision suggests the board believes the turnaround engineered by Alex Baldock remains unfinished, but firmly on the right track.
Currys new CEO gets muted reaction but analysts hail continuity move
Source: Proactive Investors