Lordstown relieves CEO and CFO of duties after financial woes, shares slide 16%

Lordstown Motors (NASDAQ: RIDE) announced earlier today that it had relieved CEO Steve Burns and CFO Julio Rodriguez from their duties while appointing Becky Roof to Interim CFO and Angela Strand to Executive Chairwoman. The announcement comes just a week after Lordstown announced that it was struggling financially, with estimates that there wasn’t enough cash … Continue reading Lordstown relieves CEO and CFO of duties after financial woes, shares slide 16%