nCino, Inc. (NCNO), Monday announced that Chief Executive Officer Pierre Naud will be succeeded by Sean Desmond, effective immediately. Naud will continue in the company as executive chair of the Board.
Desmond has been serving as chief product officer of nCino.
Concurrently, the software company affirmed its previously provided financial guidance for the fourth quarter and full year 2025.
In the pre-market hours, nCino's stock is trading at $31.30, down 7.96 percent on the New York Stock Exchange.
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