Halfords surges 10% after boss quits with £645,399 pay-off

The Motley Fool
Halfords
Halfords

Halfords (LSE: HFD) surged 19p, or 10%, to 216p this morning after announcing the departure of chief executive David Wild. The statement coincided with a trading update, which revealed first-quarter sales down 5% following "unseasonal weather conditions".