OptimizeRx Announces Departure of CEO William Febbo and Appointment of Stephen Silvestro as Interim CEO
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OptimizeRx Corp. announced the departure of CEO William Febbo, effective December 31, 2024, with Stephen Silvestro appointed as interim CEO. Febbo will continue as an advisor until March 31, 2025, while a search firm assists in finding a permanent replacement.
December 23, 2024 | 2:00 pm
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OptimizeRx Corp. announced CEO William Febbo's departure, with Stephen Silvestro as interim CEO. This leadership change may cause short-term uncertainty in the stock price.
The departure of a CEO can lead to uncertainty and potential volatility in the stock price as investors react to the leadership change. The appointment of an interim CEO suggests a temporary solution, which may not fully reassure investors until a permanent CEO is found.
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