Caesarstone Drops Most Since September as CEO Shiran Resigns

Updated on
  • Kibbutz that owns 33% stake led failed proxy fight in November
  • Caesarstone shares have plunged 50% from peak in July 2015

Caesarstone Sdot-Yam Ltd., the maker of quartz countertops that was founded on a kibbutz, fell the most in eight months after Yos Shiran resigned as chief executive officer.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.