Why Investors Signed Out of DocuSign Stock Today

Considering that Friday was a bad day for the stock market overall, particularly for tech titles, it probably wasn't the ideal time for a major executive transition. DocuSign announced that Allan Thygesen is to become its new CEO, effective Monday, Oct. 10. In the press release trumpeting the appointment, DocuSign quoted Wilderotter as saying that Thygesen "is a customer-focused innovator with deep experience in e-commerce, the digitalization of business, and leading high-growth scale organizations."