Last week recteq appointed a new CEO, then we got news that Traeger was laying off staff and cutting costs. Now Weber is the latest grill company to announce big changes with their CEO Chris Sherzinger departing, effective immediately.
We are taking decisive action to better position Weber to navigate historic macroeconomic challenges, including inflationary and supply chain pressures that are impacting consumer confidence, spending patterns, and margins. The management team is well positioned to guide Weber through this transitional period and execute a transformation of the Company’s cost base.
