Listed road haulage company Wabererʼs International on Friday announced the appointment of a new CEO, Robert Ziegler, a former COO of DHL Freight. Ziegler replaces Ferenc Lajkó, who resigned effective Friday, state news wire MTI reported.
Wabererʼs Chairman Gerard van Kesteren said Ziegler was the "clear choice to lead Waberer’s into the next phase of its development," adding that he is "a highly experienced, results-oriented and high-integrity leader with an excellent track record in improving operational efficiency, implementing change and growing businesses."
Lajkó will continue to be available to the company in an advisory capacity for a six-month transition period, according to the MTI report.
Wabererʼs shares started trading on the Budapest Stock Exchange in July 2017 at a little over HUF 5,000 per share. Last Thursday, the share price closed at HUF 2,230.