Volcon shares rise on naming insider John Kim as new CEO
05/02/2024 14:34
** Shares of electric off-road vehicles company Volcon
VLCN.O rise 4.5% to $4.19
** VLCN appoints John Kim as CEO, who has been serving on
co's board as an independent director since July 2021
** Previous CEO Jordan Davis stepped down last week due to
personal reasons
** New CEO would also oversee the market launch of fully
electric utility task vehicle, Stag
** Kim, a veteran entrepreneur was previously CEO and
founder of electric bicycle company Super73, from 2012 until
2019
** Volcon shares down ~8.1% YTD
(Reporting by Judes Joseph in Bengaluru)
((judes.joseph@thomsonreuters.com;))
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