On September 1, 2023, Arcimoto And President Jesse A. Fittipaldi Mutually Agree On Separation From The Company Effective As Of The Same Date - Filing
Portfolio Pulse from Benzinga Newsdesk
Arcimoto and its President Jesse A. Fittipaldi have mutually agreed on separation from the company effective from September 1, 2023, according to a filing.
September 06, 2023 | 9:00 pm
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NEGATIVE IMPACT
Arcimoto's President Jesse A. Fittipaldi is leaving the company, which could potentially impact the company's leadership and future direction.
The departure of a company's president can lead to uncertainty about the company's future direction and leadership, which can negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100