F: Dave Clark quits Flexport CEO job
FORTUNE writes: Dave Clark is resigning as CEO of Flexport less than a year after joining ...
MAERSK: SURGINGMAERSK: CLIENTS NOT EXPECTED TO PAY MORE FOR GEMINIMAERSK: NO GXO APPETITEMAERSK: 'NOT FULLY SATISFIED YET' MAERSK: 'GEMINI DESIGN' MAERSK: GEMINI NETWORK MOVING PARTSMAERSK: CAPITAL RETURNSMAERSK: CONSOLIDATION ON THE RADARMAERSK: CONF CALLWTC: BACK UPDHL: SUPPLY CHAIN LEADS BUT FORWARDING LAGSDSV: BOND PACKAGECAT: INVENTORY RANGECAT: CHINA STIMULUS VIEWCAT: SLUGGISH CYCLE HITSCHRW: STRONG INTERIMSDHL: GUIDANCE UPDATEXPO: EARNINGS BEAT VALUE ALIGNMENTXPO: MORE ON ELASTICITY OF DEMAND VS PRICEXPO: DIVESTMENT ON THE RADAR
MAERSK: SURGINGMAERSK: CLIENTS NOT EXPECTED TO PAY MORE FOR GEMINIMAERSK: NO GXO APPETITEMAERSK: 'NOT FULLY SATISFIED YET' MAERSK: 'GEMINI DESIGN' MAERSK: GEMINI NETWORK MOVING PARTSMAERSK: CAPITAL RETURNSMAERSK: CONSOLIDATION ON THE RADARMAERSK: CONF CALLWTC: BACK UPDHL: SUPPLY CHAIN LEADS BUT FORWARDING LAGSDSV: BOND PACKAGECAT: INVENTORY RANGECAT: CHINA STIMULUS VIEWCAT: SLUGGISH CYCLE HITSCHRW: STRONG INTERIMSDHL: GUIDANCE UPDATEXPO: EARNINGS BEAT VALUE ALIGNMENTXPO: MORE ON ELASTICITY OF DEMAND VS PRICEXPO: DIVESTMENT ON THE RADAR
FORTUNE‘s Jessica Mathews wrote on Monday:
This morning, at a courthouse in Fort Worth, Tex., Slync founder Christopher Kirchner is going on trial to face charges of fraud and money laundering.
A jury will decide whether Kirchner misappropriated at least $25 million of capital he had raised to scale his supply chain software company. Prosecutors allege he moved the capital to personal bank accounts and spent it on a “lavish” lifestyle, including a $16 million private jet, a luxury suite at a Dallas stadium, and, at one point a bid for a soccer club—all while he struggled to meet payroll. If convicted, Kirchner could go to prison for the rest of his life. (Kirchner’s attorney declined to comment and Slync did not respond before press time)
If you’ve followed along, these founder fraud trials have really stacked up over the last couple years. Here’s a quick highlight reel of key dates from cases I’ve followed…
The full post can be read here.
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