Non-Tech CEOs’ Pivots to A.I. Follow a Familiar Wall Street Script
Joe Vernachio, Allbirds’ former COO, was appointed CEO in March 2024, replacing co-founder Joey Zwillinger, to turn around the company after years of declining sales and store closures. Less than five years after the sneaker maker‘s $3 billion IPO, Vernachio is now asking shareholders to approve a deal, announced April 15, to sell the company’s…

