Asana CEO Dustin Moskovitz announces retirement, stock plummets 25%
Summary
Dustin Moskovitz, the CEO of Asana and one of the original founders of Facebook , is retiring from the software company he started in 2008. Asana announced Moskovitzs retirement on Monday as part of the companys fiscal fourth-quarter earnings report, and its board has retained an executive search firm to help choose a new CEO. Moskovitz notified its board "of his intention to transition to the role of Chair when a new CEO begins," the company said Monday. "As I reflect on my journey since co-founding Asana nearly 17 years ago, Im filled with immense gratitude," Moskovitz said in a statement. "Creating and leading Asana has been more than just building a company — its been a profound privilege to work alongside some of the most talented minds in the industry."
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