PUDO Inc (OTCMKTS:PDPTF) Stock On Radar After Recent News
The appointment of a new Chief Executive Officer is almost always regarded as a significant piece of news by investors and that may bring the PUDO Inc (OTCMKTS:PDPTF) stock into focus this morning.
Trading Data
On Wednesday, PDPTF stock ended flat at $0.6019 with more than 1K shares, compared to its average volume of 2.01K shares. The stock moved within a range of $0.6019 – 0.6019 after opening trade at $0.6019.
PUDO announces the appointment of Elliott Etheredge as Chief Executive Officer
The company was in the news cycle yesterday after it announced that Elliott Etheridge had been appointed as the Chief Executive Officer by the board of directors at the company. It is now going to be interesting to see if the announcement leads to any traction for the stock over the course of the coming days or not. However, that was not all. Founder of the company Frank Coccia is going to take up the role of the President and Chief Operating Officer of PUDO.
He is going to continue in his leadership role in which he is going to work on the development of customer solutions and expansion of the company’s network. Tom Bijou spoke about the development as the representative of the company’s board. He noted that the members of the board were excited at having a strong management team in place which would help in leading the company’s future growth. It could be a good idea now to add the stock to your watch lists.
Key Quote
Speaking on behalf of the board, Tom Bijou commented, “We are excited to continue building a strong management team to lead PUDO’s growth. Elliott is a proven leader with experience building companies with proven concepts to expand in scale and market presence. His background in logistics as well as experience in growing both large and small businesses is the ideal skill set to drive PUDO towards realizing its growth potential.”
