November 16 - 09:11
Splunk CEO Doug Merritt to step down
Data analytics leader Splunk has announced that its CEO Doug Merritt is stepping down after six years at the helm. The markets reacted unfavourably to the news, with Splunk's share price falling by 18%. Graham Smith, Chair of Splunk’s Board of Directors, has been appointed interim Chief Executive Officer, effective immediately. Merritt will remain in an "advisory role".
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