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Eightco Appoints Kevin O'Donnell as Interim CEO
ByAinvest
Tuesday, Aug 19, 2025 4:06 pm ET1min read
Eightco Holdings Inc. has appointed Kevin O'Donnell as interim CEO. O'Donnell is a seasoned finance expert with experience at Bloomberg and has held various leadership positions in the insurance and reinsurance industry. He will lead the company's Forever 8 inventory cash flow solution, Web3 Business, and Packaging Business. Eightco Holdings Inc. operates in the consumer lending sector and has a projected Q3 2025 earnings release date of November 11.
Eightco Holdings Inc. has appointed Kevin O'Donnell as interim CEO, effective immediately. O'Donnell, a seasoned finance expert with experience at Bloomberg and various leadership positions in the insurance and reinsurance industry, will lead the company's Forever 8 inventory cash flow solution, Web3 Business, and Packaging Business. This appointment comes amidst the company's ongoing efforts to stabilize its operations and navigate through financial challenges.O'Donnell's appointment follows the recent resignation of Paul Vassilakos, who held the position of CEO since March 2024. The company's latest financial results, reported in May 2025, highlighted significant losses and concerns about the company's financial health. The appointment of O'Donnell aims to bring a fresh perspective and expertise to the helm, particularly in the areas of finance and operational efficiency.
Eightco Holdings Inc. operates in the consumer lending sector and has a projected Q3 2025 earnings release date of November 11. The company's business segments include the Forever 8 inventory cash flow solution, Web3 Business, and Packaging Business through Ferguson Containers, which manufactures and sells custom packaging for various industries.
The appointment of O'Donnell is part of the company's ongoing efforts to strengthen its leadership and address the challenges it faces. The company's financial performance has been volatile, with significant losses reported in recent quarters. The new CEO will need to work closely with the board of directors and other stakeholders to implement strategies that can improve the company's financial health and position it for future growth.
References:
[1] https://www.marketscreener.com/quote/stock/EIGHTCO-HOLDINGS-INC-137775723/
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