Russian billionaire Denis Sverdlov has stepped down as the CEO of UK-based electric van maker Arrival. He will be replaced by Peter Cuneo, the former head of Marvel Entertainment until its sale to Disney. Sverdlov is swapping roles with Cuneo and will serve as chair of the board. Earlier, Arrival cut its workforce because it was running out of cash.
short by
Aishwarya Awasthi /
02:13 pm on
25 Nov