Phunware Announces Retirement of CEO Mike Snavely and Appoints Stephen Chen as Interim CEO
Phunware, Inc. (PHUN)
Company Research
Source: GlobeNewswire
AUSTIN, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Phunware, Inc. (NASDAQ: PHUN), a leader in cloud enterprise solutions for mobile applications and related technologies, announced today that Michael Snavely, CEO of Phunware, has retired and resigned from Phunware. Stephen Chen, former Chairperson of the Phunware Board of Directors, has assumed the role of interim CEO of Phunware, effective October 22, 2024. "We appreciate Mike's dedication and service to Phunware and wish him much success in the future," said Mr. Chen. "I am proud and excited to assume the role of interim CEO as we prepare to embark on new opportunities in generative AI, predictive analytics, and cloud-based services. We are confident that this transition will enable Phunware and its shareholders to accelerate our journey." Phunware remains committed to providing cutting-edge software, advertising, and other tools that empower enterprises to connect with people on a deeper, more human level. This new direction,
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- Phunware, Inc. (NASDAQ: PHUN) had its price target lowered by analysts at Ascendiant Capital Markets from $20.00 to $13.00. They now have a "buy" rating on the stock.MarketBeat
PHUN
Earnings
- 11/7/24 - Beat
PHUN
Sec Filings
- 11/26/24 - Form 4
- 11/26/24 - Form 4
- 11/26/24 - Form 4
- PHUN's page on the SEC website