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Honest Company (HNST) has provided an announcement.
The Honest Company has announced the resignation of Jessica Warren as Chief Creative Officer, effective immediately, while she will continue to serve on the board. Warren’s departure terms include a year’s salary, bonuses for 2023 and 2024, and the vesting of her unvested stock. The company will also phase out the use of Warren’s likeness in its marketing materials. Despite this change in leadership, The Honest Company reaffirmed its financial outlook for the year, indicating stability in its operations.
For a thorough assessment of HNST stock, go to TipRanks’ Stock Analysis page.