Brady Corp. stock unfazed by CEO's abrupt departure
Investors didnÃ¢;Â€Â™t get too spooked by the abrupt announcement Monday of Frank JaehnertÃ¢;Â€Â™s immediate retirement as Brady Corp. president and CEO.
Milwaukee-based BradyÃ¢;Â€Â™s stock price (NYSE: BRC) was trading near $29.83 per share Monday afternoon and had dipped as low as $29.43 during the day, but didnÃ¢;Â€Â™t sink past the stockÃ¢;Â€Â™s 52-week low of $29.11 per share. It reached as high as $29.97 per share Monday, which lags the 52-week high of $36.45.
Jaehnert will stay on as a consultant through Dec.Ã¢;Â€Â¦;