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Coronavirus impact: 12 Oct - the good and the bad of investor communications

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The long-time CEO of a high performing stock covered here has announced his retirement as the shares hit new highs, whereas the management of another need to improve their investor communications.

XP Power: Mr 5000% to retire

Duncan Penny, CEO of power controller specialist XP Power (LON:XPP), has announced he is retiring at the end of the year.

Having initially joined the Group as CFO in 2000, Duncan became CEO in 2003, subsequently presiding over a 5800% growth in share price which saw XP gain entry to the FTSE 250 index earlier in the year.

XP Power designs and manufactures power controllers, the essential hardware component in every…

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