Executives Reportedly Exit Juul as Company Scales Back Overseas Operations
On Tuesday, The Wall Street Journal reported that two executives at Juul are departing from the company amid a reduction in overseas business efforts. The respective presidents of the e-cigarette maker's Asia Pacific South division and its Europe, Middle East, and Africa division are exiting the company, according to the paper's sources.
Juul took the North American vaping market by storm, and the company was aiming to create similar momentum in other territories, but the business is experiencing a string of setbacks as its marketing practices have come under fire domestically and abroad. Juul's international business initiatives will now primarily be orchestrated from the company's San Francisco headquarters, according to WSJ.
Image source: Juul.
Source Fool.com