Asana's CEO and co-founder Dustin Moskovitz announced his retirement, according to CNBC. He will transition to the role of Chair once a new CEO is appointed. The company's fourth-quarter revenue increased 10% year-over-year, meeting analysts expectation. Moskovitz plans to focus on philanthropy, including Good Ventures and Open Philanthropy, after signing the Giving Pledge to donate most of his fortune. Asana's stock dropped over 25% in after-hours trading on Monday.
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2025