Asana CEO Dustin Moskovitz announces retirement, stock plummets 25%
Asana announced Moskovitz's upcoming departure on Monday as part of the company's fiscal fourth-quarter earnings report, and its board has retained an executive search firm to help choose a new CEO. Moskovitz notified its board "of his intention to transition to the role of Chair when a new CEO begins," the company said Monday.
Asana Shares Sink as CEO Moskovitz Plans Retirement, Guidance Disappoints
Shares for Asana plunged after the software company said Chief Executive Dustin Moskovitz would retire and offered guidance that failed to impress Wall Street. The stock dove nearly 20% to $13.32 in after-hours trading amid a larger selloff of technology stocks.
Shares of Asana sank more than 25% Tuesday on news CEO Dustin Moskovitz was stepping down, and the work management platform ...
We intend not to have much left when we die (i.e. we have a "burn down" foundation). Moskovitz later posted the following update on how he feels about reinvesting his wealth back into business ...
Dustin Moskovitz, the Facebook cofounder who later went on to start Asana, claimed in a Threads post on Wednesday that ...
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