After Delivering 5,000% Share Jump, Ambu CEO Makes a Sudden Exit

  • Ambu shares plunge as Marcher’s departure comes as surprise
  • Gonzalez from Johnson & Johnson takes over as CEO next week
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Ambu A/S is replacing its chief executive officer after he led the medical technology company through the Danish stock market’s best performance over the past decade.

Ambu shares fell as much as 20% on the news, wiping about $1.2 billion off the company’s market value.