Aug. 31 at 3:54 PM
$PINS One of the stupidest sell-offs I have seen in a while.
First, CFO is not leaving immediately. She will be on until October 30 ensuring smooth transition
Second, company made it clear that CFO no leaving due to any disagreement or reporting issues
Third, it sounds like CFO wants to try her luck with the startup. She already made her $$$$ and wants to test new waters - nothing wrong with it.
Forth, the intermediate plan is already in place and company is looking for new CFO, most likely they will find someone who wants to make immediate impression and who is highly