UPDATE: LightInTheBox Holding (LITB) Reports 1Q18 EPS of -0.12, Miss on Revenues

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Go back to UPDATE: LightInTheBox Holding (LITB) Reports 1Q18 EPS of -0.12, Miss on Revenues

LightInTheBox Holding (LITB) Says Alan Guo, Founder, Chairman and CEO, is Voluntarily Stepping Down

June 28, 2018 8:11 AM EDT

LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to consumers around the world, today announced certain management and Board of Directors of the Company (the "Board") changes.

Mr. Alan Guo, founder, Chairman and CEO, is voluntarily stepping down as CEO and Chairman of the Board to pursue other personal interests. In order to ensure an orderly transition, Mr. Guo will remain as CEO of the Company for up to 60 days. Mr. Guo... More