Presto Automation (PRST) has released an update to notify the public and investors about its officers.
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Xavier Casanova has abruptly resigned as CEO of the Company and from all other positions, effective immediately. In response to this sudden departure and as stipulated by a recent agreement with Metropolitan Partners Group Administration, the Company must now urgently find a replacement with significant restructuring expertise by February 16, 2024, and is currently on the lookout for suitable candidates to fill the CEO role.
For further insights into PRST corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
