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Docebo announces CEO succession and substantial issuer bid

Nov. 22, 2023 7:09 AM ETDocebo Inc. (DCBO) Stock, DCBO:CA StockBy: Arundhati Sarkar, SA News Editor24 Comments
  • Docebo (NASDAQ:DCBO) Wednesday announced a CEO succession plan for Claudio Erba, founder of the company.
  • Erba will be stepping away from his role as Chief Executive Officer and a member of the board of directors and will be transitioning to the role of Chief Innovation Officer.
  • The Board has appointed Alessio Artuffo to the role of Interim Chief Executive Officer effective March 1, 2024.
  • Docebo (DCBO) also announced that the Board has approved a substantial issuer bid under which the company will offer to repurchase for cancellation up to $100,000,000 of its outstanding common shares at a price of $55.00 each.
  • Source: Press Release

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