UiPath shares tank 30% after company announces CEO shakeup

UiPath shares plunged more than 30% on Wednesday after the software company said CEO Rob Enslin is resigning effective June 1, and being replaced by co-founder Daniel Dines, who stepped down as co-CEO on Jan. 31. Daniel Dines, billionaire and co-founder of UiPath Inc., at the automation software company's offices in Bucharest, Romania, on Thursday, May 20, 2021. "I am convinced that UiPath will continue to define what's possible for our customers and partners in the AI and automation market," Enslin said, a ...