#founder-return

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Business
from24/7 Wall St.
1 week ago

The Founder Is Back at Simply Good Foods and Sentiment Is Already Shifting

Simply Good Foods stock fell 54% in one year, but retail sentiment turned bullish after founder Joe Scalzo returned as CEO, driven by insider buying and the narrative of a potential turnaround.
fromFortune
3 weeks ago

Workday lost $40 billion in value. Founder Aneel Bhusri is back with a $139 million bet he can turn it around | Fortune

Bhusri's return to the top job at the human resources software company reflects the belief that only a founder with billions on the line and a personal legacy at stake has the unique vision and authority to steer the ship through difficult waters. And with majority voting control plus operational authority as CEO, Bhusri will have more power to make any difficult changes he sees necessary.
Business
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