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The Economic Times

Dropbox CEO Andrew Houston to step down, insider Ashraf Alkarmi named successor

Dropbox Michael Torres Amazon

Dropbox said on Tuesday that CEO and co-founder Andrew Houston will step down after a transition period, promoting insider Ashraf Alkarmi to co-CEO ahead of his succession as the sole chief executive.

The file hosting service provider's shares fell more ‌than 1% ⁠in early ⁠trading. They have fallen over 3% this year.

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One subscription that gives you access to news from hundreds of sites

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‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

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