Articles tagged "Impactive Capital"
Bill Crager signals comity with Lauren Taylor Wolfe and Envestnet also has a Sipp secret weapon, analyst says
The Envestnet CEO says he has 'constructive alignment and full support' of Wolfe and his board and has pivoted to a focus on 25% profit margins -- and no extra cash flow burn for reinvestment
August 11, 2023 at 12:36 AM
Bill Crager rebuts what activist hedge fund investor alleged by promising Envestnet is 'turning corner' on profit margins
The embattled CEO says he 'talked to lots of investors' last quarter during the verbal assault and also laid out his case to Wall Street analysts -- Envestnet's profit margins and market share are expanding.