Holley names new CEO, shares rise

Holley

17/05/2023 15:13

** Shares of car parts maker Holley Inc  HLLY.N  up 4.33% at
$3.14
    ** Co appoints Matthew Stevenson as chief executive officer,
effective June 6
    ** Stevenson replaces interim CEO Michelle Gloeckler, who
will remain with co as member of the board
    ** Stevenson joins Holley from Blue Bird Corp  BLBD.O ,
where he served as CEO
    ** "While at Blue Bird, Matt led a comprehensive operational
and financial turnaround of an iconic, nearly 100-year-old
American company" - HLLY
    ** Including session's gains, stock up 47.9% YTD 

 (Reporting by Anandita Mehrotra in Bengaluru)
 ((Anandita.Mehrotra@thomsonreuters.com))