Zip Co Ltd’s Larry Diamond Steps Down as Director

Zip Co Ltd. (AU:ZIP) has released an update.

Larry Diamond, co-founder of Zip Co Ltd, has stepped down as a director and US Chairman to focus on philanthropic activities through his new Family Office and Foundation. Despite his departure, Diamond will continue to advise the company on strategic initiatives, ensuring his ongoing commitment to Zip’s success. The leadership transition is viewed positively, with the company poised to continue its growth trajectory, particularly in the US market.

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