#7: 8×8 Terminates CEO, Promotes CFO as Interim Replacement
8×8, the unified communications provider, decided to make a leadership change. Dave Sipes is no longer CEO, replaced by Samuel Wilson, most recently the company’s CFO, who will be interim CEO.
Kevin Kraus, senior VP of finance, is moving up to interim CFO.
8×8’s stock price has fallen 85% over the past two years after peaking in the pandemic year of 2020.
Read more about the company’s recent struggles.