Rad Power Bikes CEO steps down
Rad Power Bikes has undergone significant leadership changes, with CEO Phil Molyneux stepping down and CFO Stephanie Roberts taking over as interim CEO. This decision marks a strategic shift within the company.The reasons behind this change are not explicitly stated, but it is clear that the company is seeking a new direction. As an interim CEO, Roberts will oversee the search for a permanent replacement. Molyneux will serve as an adviser, bringing his expertise to the table.While the details of the reshuffling are still unfolding, one thing is certain: Rad Power Bikes' future trajectory will be shaped by this significant leadership change.