November 23, 2024
UiPath shares tank 30% after company announces CEO shakeup

Daniel Dines, billionaire and co-founder of UiPath Inc., at the automation software company’s offices in Bucharest, Romania, on Thursday, May 20, 2021. 

Andrei Pungovschi | Bloomberg | Getty Images

UiPath shares plunged more than 30% on Wednesday after the software company said CEO Rob Enslin is resigning effective June 1, and being replaced by co-founder Daniel Dines, who stepped down as co-CEO on Jan. 31.

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