ShiftPixy (PIXY) Announces CFO Resignation

On October 18, 2024, Patrice H. Launay resigned immediately as Chief Financial Officer of ShiftPixy (NASDAQ: PIXY).

On October 19, 2024, the Board of Directors of the Company (the “Board”) voted to terminate the employment of Scott W. Absher as the Company’s Chief Executive Officer, Chairman of the Board, and President, as being in the best interests of the Company and the Company’s shareholders resulting from the Board’s initial investigation into allegations involving actions of Mr. Absher. Concurrently, the Board approved the appointment of a Chief Restructuring Officer, Jonathan Feldman, effective October 21, 2024, to lead the Company’s ongoing operations.

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