Purple Innovation CFO Resigns

by Shivani Kumaresan, Benzinga Staff Writer

August 25, 2021 2:06 PM | 30 seconds read | Make a Comment

Purple Innovation Inc's PRPL Chief Financial Officer Craig Phillips will be stepping down from the position effective August 31, 2021.
Purple Innovation has appointed Bennett Nussbaum to serve as interim finance chief.
The company said Phillips is not leaving due to any disagreement regarding financial reporting or controls. Craig Phillips took over the CFO role in October 2019 after serving in an interim role.
Purple Innovation has engaged an executive search firm to identify Phillips' successor.
Price Action: PRPL shares are trading lower by 1.64% at $26.37 on the last check Wednesday.

Posted In: News Small Cap Management Briefs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.