Ebusco, amidst significant financial challenges including an EBITDA loss of €60.7 million and a subsequent collapse in share price, has appointed Christian Schreyer as CEO. This transition aims to streamline leadership and focus on restructuring efforts.
Ebusco's leadership change was deemed necessary as the company faces an increasing EBITDA loss and subpar bus delivery performance compared to its order book, prompting a need for a singular CEO experienced in public transport.
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