MarketWise CEO Arnold resigns, shares fall

MarketWise

23/11/2022 14:54

** Shares of independent research provider MarketWise Inc
 MKTW.O  down 1.4% at $2.18 in early trade
    ** Company says Mark Arnold has resigned as CEO and chairman
of the board
    ** MKTW names director Stephen Sjuggerud, who has been with
the company for two decades, as interim CEO
    ** Company's board has retained Heidrick and Struggles to
lead the search for a new CEO 
    ** Stock has fallen ~71% this year
 (Reporting by Ananya Mariam Rajesh in Bengaluru)
 ((AnanyaMariam.Rajesh@thomsonreuters.com ; Twitter: https://twitter.com/AnanyaMariam))