Vimeo Announces Departure Of Anjali Sud As CEO, Appointment Of Adam Gross As Interim CEO, Effective September 1; Reaffirms Q2 And FY23 Financial Outlook
Portfolio Pulse from Happy Mohamed
Vimeo has announced the departure of its CEO, Anjali Sud, and the appointment of Adam Gross as interim CEO, effective from September 1. The company has also reaffirmed its Q2 and FY23 financial outlook.
July 05, 2023 | 8:08 pm
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Vimeo's CEO, Anjali Sud, is stepping down and will be replaced by Adam Gross as interim CEO from September 1. The company has reaffirmed its Q2 and FY23 financial outlook.
CEO changes can cause uncertainty and volatility in a company's stock. However, Vimeo's reaffirmation of its Q2 and FY23 financial outlook may help to mitigate any negative impact. The overall short-term impact is likely to be neutral.
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