Editor
Allbirds co-founder Joey Zwillinger is stepping down from his role as the company’s chief executive.
Effective March 15, COO Joe Vernachio will take over the job, with Zwillinger remaining on the board and serving as a special advisor to the brand.
Allbirds announced the news Tuesday as it reported that sales fell 14.7 percent in 2023 to $254.1 million. It attributed the decline largely to lower selling prices driven by increased discounting….
