Eqonex CEO Steps Down Amid Talks of Potential Merger Options

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The CEO of digital property monetary companies agency Eqonex is to step down as the corporate holds talks on a possible merger or takeover.

  • CEO Richard Byworth will step down with quick impact and get replaced with chief working officer Andrew Eldon on an interim foundation, Eqonex announced Monday.
  • Eqonex is “engaged in ongoing strategic discussions with third parties including the evaluation of merger or takeover options,” in keeping with the assertion.
  • These strikes are being made as half of a broad overview of the corporate’s strategic path, with the pursuit of “transformational” alternatives, Chairman Chi-Won Yoon mentioned.