The latest update is out from Bakkt Holdings, Inc. Class A (BKKT).
Charles Goodroe has resigned as Chief Accounting Officer of Bakkt Holdings, effective May 22, 2024, with no disputes involved. CFO Karen Alexander is set to take over his duties. Simultaneously, the company is streamlining its workforce by cutting 28 jobs, about 13% of its specialized staff, as part of a strategic overhaul to better match resources with company goals. This move is expected to cost between $0.8 million to $1 million in severance-related expenses.
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