Smartbird, Inc.
(NASDAQ:BIRD) stock is trading higher on Wednesday after the company announced major corporate updates, including a formal name change from Allbirds, Inc. and the appointment of a new CEO.
The company is reshaping its leadership and financing strategy as it pivots toward artificial intelligence infrastructure.
Leadership Transition And Rebranding Smartbird, an AI infrastructure provider formerly known as Allbirds, Inc., announced Wednesday that its board of directors appointed Nadia Carlsten as president, CEO, and board member.
Carlsten replaces Joe Vernachio, who resigned from the company and its board.
