The ongoing struggles at supply chain software provider e2open have cost CEO Michael Farlekas his job.
On the same day e2open disclosed disappointing results for the second quarter of fiscal year 2024 that ended Aug. 31, as well as a revised downward forecast for full FY 2024, the company announced that the board and Farlekas had reached a “mutual decision for new leadership.”
“The time is right for new leadership,” e2open (NYSE: ETWO) said in a prepared statement Tuesday. “Accordingly, the...
https://www.freightwaves.com/news/farlekas-out-as-e2open-ceo