US-quoted NewLead refused to discuss details of the departure when contacted by TradeWinds but said the market veteran “resigned for good reason”, a designation that means he may be entitled to a juicy severance deal under the terms of an employment contract inked last year.
While the motives are still a mystery the market is ripe with rumours that the Athens-based company’s foray into the commodities business didn’t sit well with Fistes, who has been described as a “pretty conservative kind of guy” by peers and former colleagues.
When
