- KEMET (NYSE:KEM) CEO Per-Olof Loof resigns after an investigation into a consensual personal relationship with an employee that was found to violate the company's policies.
- EVP and CFO William Lowe will step into the CEO role, effective immediately.
- Lowe had planned to step out of the CFO position on May 31 with Gregory Thompson tapped as his successor. The CEO shift bumps up Thompson's appointment to now.
- KEMET shares were halted ahead of the news.
KEMET CEO resigns after investigation
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