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Stock impact report

WorldRemit Parent Names Lenhard, Ex-Bill.com Executive, as CEO [Business News Network (BNN) (Canada)]

BILL Holdings, Inc. (BILL) 
Last bill holdings, inc. earnings: 2/6 04:05 pm Check Earnings Report
Lenhard, 44, joins the payments company, which owns the WorldRemit and Sendwave brands, after previously serving as Bill.com Holdings Inc.'s chief operating officer, Zepz said in a statement on Thursday, confirming an earlier Bloomberg News report. Zepz is working to stem its losses and announced cost-cutting measures earlier this year including plans to eliminate about 5% of the workforce, freeze pay and slash the marketing budget. Lenhard joins after a series of executive departures, including the chief technology officer and chief financial officer, who left since December. Read More: UK's $5 Billion Fintech Zepz Struggled With Accounting, Churn Lenhard said the company achieved profitability this year, though he declined to elaborate, and said he sees an opportunity to continue building out the money-transfer business. “The important thing is one, we're profitable, but two, we're really focused on growth within the organization,” he said. “We've barely scratched the surfa Show less Read more
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