Mustier Pulls Out of Race to Be Next HSBC CEO, FT Reports
February 24 2020 - 1:14AM
Dow Jones News
-- UniCredit Chief Executive Jean Pierre Mustier has taken
himself out of the running to be the next CEO of HSBC, the
Financial Times reports.
-- Mr. Mustier was identified as the preferred external
candidate by HSBC's board of directors, FT says.
-- Mr. Mustier told HSBC Chairman Mark Tucker in a phone call
Sunday that he was no longer interested in the job and had decided
to stay at UniCredit, according to the FT.
-- HSBC's board has been searching for a permanent leader since
August, after ousting former head John Flint and installing Noel
Quinn as interim CEO.
Full story: https://on.ft.com/32kfxR2
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(END) Dow Jones Newswires
February 24, 2020 00:59 ET (05:59 GMT)
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