{"id":82810,"date":"2022-10-11T00:06:34","date_gmt":"2022-10-11T04:06:34","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=82810"},"modified":"2022-10-10T23:09:01","modified_gmt":"2022-10-11T03:09:01","slug":"five9-shares-plunge-more-than-20-after-ceo-announces-resignation","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2022\/five9-shares-plunge-more-than-20-after-ceo-announces-resignation.html","title":{"rendered":"Five9 shares plunge more than 20% after CEO announces resignation"},"content":{"rendered":"\n<p>ICNBC) Shares of cloud software vendor <a href=\"https:\/\/www.cnbc.com\/quotes\/FIVN\/\">Five9<\/a> closed down 25% Monday and fell to their lowest since March 2020 after CEO Rowan Trollope  <a rel=\"noreferrer noopener\" href=\"https:\/\/investors.five9.com\/news-releases\/news-release-details\/five9-announces-leadership-transition\" target=\"_blank\">announced<\/a> his resignation. Trollope is leaving to become CEO of a venture-backed pre-IPO startup, he said on <a rel=\"noreferrer noopener\" href=\"https:\/\/twitter.com\/rowantrollope\/status\/1579445740191219713\" target=\"_blank\">Twitter<\/a>. He is being succeeded by former Five9 CEO Mike Burkland, who resigned as CEO in 2017 after he was diagnosed with cancer. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/10\/10\/five9-shares-plunge-more-than-20percent-after-ceo-announces-resignation-.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ICNBC) Shares of cloud software vendor Five9 closed down 25% Monday and fell to their lowest since March 2020 after CEO Rowan Trollope announced his resignation. Trollope is leaving to become CEO of a venture-backed pre-IPO startup, he said on [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82810","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=82810"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82810\/revisions"}],"predecessor-version":[{"id":82811,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/82810\/revisions\/82811"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=82810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=82810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=82810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}