LivePerson says CEO to step down, shares rise

LivePerson

12/07/2023 14:08

** Shares of customer-service tech co LivePerson  LPSN.O  up
28.1% at $5.31 premarket
    ** Co says founder and CEO Robert LoCascio will step down,
effective Dec. 31, and will also resign as its board's chair  
    ** Appoints independent director Jill Layfield to replace
LoCascio as chair 
    ** Says in process of identifying new CEO
    ** LPSN shares down ~57.9% YTD

 (Reporting by Anandita Mehrotra in Bengaluru)
 ((Anandita.Mehrotra@thomsonreuters.com))