It's been a rough road for enterprise automation software company UiPath (NYSE: PATH), but the company seems to be nearing some sort of bottom from the bear market.

I'm not talking about just the share price, which has been highly volatile in 2023 but nonetheless has rallied nearly 40% this year. Co-founder Daniel Dines recently announced he will be stepping down as co-chief executive starting next year, leaving the role to the other co-CEO, Robert Enslin, who was hired in 2022.

This is a sizable shake-up, and what Dines does next could be incredibly meaningful for UiPath shareholders.

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Source Fool.com