Posted 10 November, 2021
ContextLogic Inc. appointed new CEO
CEO Change detected for ticker Nasdaq:WISH in a 8-K filed on 10 November, 2021.
On November 8, 2021, Piotr Szulczewski informed the Board of Directors of the Company (the "Board") of his resignation from his position as Chief Executive Officer of the Company, with such resignation to be effective the earlier of: (i) February 1, 2022; or (ii) the date the Board appoints a new Chief Executive Officer of the Company.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of ContextLogic Inc.
Retail/Wholesale • Mixed Retailing
ContextLogic Inc. focuses on achieving its strategic goals of acquiring and/or building operating businesses. Previously, the company sold substantially all its operating assets and liabilities. ContextLogic was founded by Piotr Szulczewski and Danny Zhang in June 2010 and is headquartered in Oakland, CA.Market Cap
$205M
View Company Details
$205M
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 8, 2021, Piotr Szulczewski informed the Board of Directors of the Company (the "Board") of his resignation from his position as Chief Executive Officer of the Company, with such resignation to be effective the earlier of: (i) February 1, 2022; or (ii) the date the Board appoints a new Chief Executive Officer of the Company. Mr. Szulczewski will continue to serve on the Board. The Company has engaged an executive search firm to identify Mr. Szulczewski's successor.
Interested in special situations?
Join Tickerverse
- customize event filters
- create watchlists, bookmarks
- get email notifications for the latest special situations
- browse and analyze public companies, executives and SEC filings
Tickerverse is a great way to find investment opportunities in corporate actions.
By signing up you agree to our Terms of Service and Privacy Policy.