Endeavour Group appoints new CFO ahead of 2027
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- Endeavour Group announced Michael Casamento will replace Kate Beattie as the incoming CFO.
- The leadership succession announcement coincided with a broader market decline that pushed the stock down to $3.46.
- The company stated that this leadership change will support its ongoing operational transformation across its hospitality network.
Endeavour Group (ASX:EDV) appointed Michael Casamento as incoming CFO to replace Kate Beattie this November.
Casamento returns to Australia after 10 years in Zurich, while Beattie transitions towards a non-executive career.
"On behalf of the board, I am pleased to welcome Michael to Endeavour Group," said Endeavour Group CEO and Managing Director Jayne Hrdlicka.
Beattie will serve as chief business services officer until late 2027 to deliver the enterprise resource planning transition.
To support its stated transformation agenda, following the announcement, the Endeavour Group share price was down at $3.46.
Endeavour operates Australia's largest retail drinks network, which prominently includes the Dan Murphy's and BWS brands.
