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Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy [CNBC]

Amazon.com, Inc. (AMZN)  More Company Research Source: CNBC
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Greg Greeley, Thrasio's CEO, informed staff on Tuesday that he plans to resign, according to an internal memo viewed by CNBC. Finance Chief Josh Burke is also leaving, along with the company's technology chief, head of human relations, chief commercial officer and supply chain lead. Stephanie Fox, Thrasio's chief operating officer, will replace Greeley as CEO. The executives will stay on to ensure a “smooth transition” and then “step down when Thrasio emerges from Chapter 11 in the coming weeks,” Greeley wrote in the memo. Thrasio became an early leader in what became a rapidly booming market to acquire successful brands on Amazon and combine them under one roof, with the goal of using their data and operational expertise to turbocharge sales. Thrasio raised $3.4 billion in equity and debt from major firms like Goldman Sachs Blackrock and JPMorgan Chase , and reportedly reached a peak valuation of about $10 billion in 2021. Thrasio ranked 22nd on CNBC's Disruptor 50 list in 202 [Read more]
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Stockreport

Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy [CNBC]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: CNBC
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Greg Greeley, Thrasio's CEO, informed staff on Tuesday that he plans to resign, according to an internal memo viewed by CNBC. Finance Chief Josh Burke is also leaving, along with the company's technology chief, head of human relations, chief commercial officer and supply chain lead. Stephanie Fox, Thrasio's chief operating officer, will replace Greeley as CEO. The executives will stay on to ensure a “smooth transition” and then “step down when Thrasio emerges from Chapter 11 in the coming weeks,” Greeley wrote in the memo. Thrasio became an early leader in what became a rapidly booming market to acquire successful brands on Amazon and combine them under one roof, with the goal of using their data and operational expertise to turbocharge sales. Thrasio raised $3.4 billion in equity and debt from major firms like Goldman Sachs Blackrock and JPMorgan Chase , and reportedly reached a peak valuation of about $10 billion in 2021. Thrasio ranked 22nd on CNBC's Disruptor 50 list in 202 [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS