12:56 PM EDT, 04/12/2024 (MT Newswires) -- Amer Sports ( AS ) shares slid 5.3% in recent trading Friday after the company said that Franco Fogliato, the president and chief executive of its Salomon brand, departed the company "for personal reasons," effective immediately.

The company said that its CEO, James Zheng, will be the interim head of Salomon and the Outdoor Performance segment until the identification of a successor.

Price: 14.25, Change: -0.80, Percent Change: -5.32