- CEO Karim Donnez resigned effective October 21, 2026.
- Special Restructuring Committee appointed Roy Gallagher (Ankura Consulting) as Chief Restructuring Officer and principal executive officer.
- Signals severe operational/financial distress and active restructuring process.
?? Negative AI Sentiment (-6.5 / 10)
Observed market reaction after signal
4h -9.70% · Peak +10.30%