CLPS names new CEO for California unit; shares down

Clps

12/08/2022 14:16

** Shares of China-based CLPS  CLPS.O , which provides
consulting services to banks, down as much as 4.35% at $1.76
premarket
    ** Co names Srustijeet Mishra as the new CEO of its unit
CLPS California  urn:newsml:reuters.com:*:nPn9pgcpJa
    ** Mishra, who founded Singapore-based IT services provider
Ridik, joined CLPS upon initial acquisition of 80% of Ridik's
equity stake in Sept. 2019
    ** As of last close, stock was down ~6% YTD

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com; Twitter: https://twitter.com/rithika_krishna;))