BUZZ-BBA: weakens as CEO to retire early
** British aircraft services firm BBA Aviation (LSE: BBA.L - news) -2% & among top FTSE midcap losers after announcing earlier-than-expected retirement for CEO Simon Pryce
** Pryce, CEO for a decade, is leaving due to personal circumstances impacting his ability to undertake extensive overseas travel, BBA says (>80% of co's ops in the U.S.)
** Jefferies says while change in CEO follows change earlier this year in FD, strategically BBA well set: reorganisation of its business portfolio is behind it with non-core assets shed & benefits of a larger cash generative group ahead
** Wayne Edmunds, currently a NED of the group, appointed interim CEO pending a permanent successor
** >10% 30-day daily avg vol through in less than 30 mins of trade
** Stock outperforming midcap index YTD