UiPath shares tank 30% after company announces CEO shakeup
UiPath co-founder & CEO Daniel Dines
UiPath
UiPath shares plunged more than 30% on Wednesday after the software company said CEO Rob Enslin is resigning effective June 1, and being replaced by co-founder Daniel Dines, who stepped down as co-CEO on Jan. 31.
The shakeup comes less than five months after UiPath ended a co-CEO arrangement between Enslin and Dines.
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