The DroneShield Ltd (ASX: DRO) share price has taken a major hit on Wednesday, crashing 20% after the company announced sudden leadership changes.
At first glance, this kind of news can be unsettling for investors.
A CEO stepping down with immediate effect and a chair preparing to exit shortly after is rarely viewed as a positive signal by the market.
But does this selloff represent a potential buying opportunity?
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Why the DroneShield share price fell
The catalyst for the decline is clear. DroneShield confirmed that its long-serving CEO, Oleg Vornik, is stepping down after more than a decade in the role, while chairman Peter James will also retire from the board next month.
Leadership transitions can create…
