Cardlytics Appoints Amit Gupta, COO And General Manager Of Bridg, As Its Next CEO, Effective August 16, 2024; Karim Temsamani Is Stepping Down As CEO And From The Board Of Directors To Pursue Another Professional Opportunity
Portfolio Pulse from Benzinga Newsdesk
Cardlytics, Inc. (NASDAQ:CDLX) has announced that Amit Gupta, currently COO and General Manager of Bridg, will become the new CEO effective August 16, 2024. He will also join the Board of Directors. The current CEO, Karim Temsamani, is stepping down to pursue another professional opportunity.
August 07, 2024 | 9:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cardlytics has appointed Amit Gupta as the new CEO, effective August 16, 2024. The current CEO, Karim Temsamani, is stepping down to pursue another professional opportunity.
Leadership changes can often lead to short-term volatility in stock prices. However, the appointment of a new CEO with a strong background may be seen positively by investors, potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100