TELEGRAPH.CO.UK - Nov 25 - Bill Dobbie, Cupid's CEO, is stepping down after a difficult year that has seen the share price collapse following an investigation into its practices. He will be replaced by Phil Gripton. Mr Dobbie, who retains a 21% stake in the company, will remain on the board as a non-executive director. Phil Gripton was previously the managing director of dating services. The company’s shares traded as highly as 200p at the start of this year; they have since fallen to 57.1p.
by John Ficenec
See full article at Telegraph.co.uk