Phunware Names Stephen Chen Interim CEO as Mike Snavely Retires; Shares Fall

MT Newswires Live

2024/10/24

Phunware (PHUN) said Thursday it named Stephen Chen as interim chief executive following the retirement and resignation of Michael Snavely as CEO.

Chen, former chair of Phunware's board, has assumed the interim role effective Oct. 22, the company said.

Phunware shares were falling past 10% in recent trading.

Price: 12.62, Change: -1.52, Percent Change: -10.75

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