Dustin Moskovitz, the CEO and co-founder of Asana, has announced his retirement plans, transitioning to Chair after appointing a new CEO. Noted by CNBC, this comes amidst Asana's fourth-quarter revenue increase of 10% year-over-year, aligning with analyst expectations. Following his retirement, Moskovitz intends to dedicate more time to philanthropic efforts with Good Ventures and Open Philanthropy, having pledged to donate the majority of his wealth. Despite these positive developments, Asana's stock fell over 25% in after-hours trading on Monday.