EVOTEC is going through a leadership change as CEO Craig Johnstone will leave at the end of the year. During this time, his responsibilities will be distributed within the company while a strategic review is conducted to establish a new organizational structure.

The change in leadership comes at a challenging period for the company. Recently, EVOTEC's shares declined by 2.43 percent, closing at EUR 8.83 after previously showing gains. Johnstone's departure is seen as a significant shift for EVOTEC, as he has been a key figure on the Executive Board. The company has not yet announced a successor, leading to speculation among investors and analysts about the potential impact of this leadership vacuum on its future performance.

As EVOTEC navigates this transition, it will be crucial for the company to carefully consider its next steps. The strategic review will play a vital role in determining the new organizational structure and ensuring a smooth transition of responsibilities. Investors and analysts will be closely watching for updates on the appointment of a new CEO and how this change will shape the company's future trajectory.