Near Intelligence Says Board Placed Co's CEO Anil Mathews, CFO Rahul Agarwaland Shobhit Shukla, Co's President On Administrative Leave; Board Appointed Gladys Kong, Co's COO And Secretary, To Serve As Co's Interim CEO
Portfolio Pulse from Benzinga Newsdesk
Near Intelligence's board has placed CEO Anil Mathews, CFO Rahul Agarwal, and President Shobhit Shukla on administrative leave. The board has appointed COO and Secretary Gladys Kong as the interim CEO.
October 05, 2023 | 8:40 pm
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Near Intelligence's leadership change could cause uncertainty among investors, potentially impacting the company's stock price.
Leadership changes, especially sudden ones, can cause uncertainty among investors as it could signal internal issues within the company. This uncertainty can lead to volatility in the company's stock price.
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IMPORTANCE 80
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