Five9 shares plunge more than 20% after CEO announces resignation

ICNBC) Shares of cloud software vendor Five9 closed down 25% Monday and fell to their lowest since March 2020 after CEO Rowan Trollope announced his resignation. Trollope is leaving to become CEO of a venture-backed pre-IPO startup, he said on Twitter. He is being succeeded by former Five9 CEO Mike Burkland, who resigned as CEO in 2017 after he was diagnosed with cancer.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.