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Barchart
Pathikrit Bose

Dropbox Gets A New CEO. The Payoff for DBX Stock Could Take a Long Time.

Cloud storage company Dropbox (DBX) recently announced that Ashraf Alkarmi will become the new CEO of the company. Succeeding co-founder Drew Houston, Alkarmi will serve as co-CEO with Houston for a period before taking over as the sole chief executive.

With prior experience at Amazon (AMZN) and Meta Platforms (META), Alkarmi previously occupied the role of Senior Vice President of Dropbox Core Products. In that position, he was responsible for Dropbox Sign, DocSend, and more, as well as emphasized artificial intelligence (AI) initiatives.

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