Corvex Shakes up Board, Adds Co-ceo in Pivot to AI Infrastructure

Dow Jones

07/02

Corvex shareholders voted to add three board members and the company brought in a new co-chief executive as it pivots toward the artificial-intelligence infrastructure business.

The company said that Seth Demsey had been appointed co-CEO alongside co-founder Jay Crystal, effective after the shareholder meeting. Chance Moreland has also joined as chief financial officer of Corvex AI, the company said Wednesday.

At the meeting, shareholders elected Crystal to the board, alongside Nicholas Donofrio, a former executive at International Business Machines, and Patrick Fleury, the finance chief of TeraWulf. Shareholders approved the issuance of more than 20% of the company's shares to convert Series C and D Preferred Stock into common stock.

The shakeup comes after Corvex completed its disposition of legacy assets, including the health technology products Wellness Ring and Medical Ring, from its predecessor company Movano. The assets were disposed to a lender to satisfy certain secured indebtedness, the company said.

Corvex said it has been operating its healthcare division at reduced capacity and exploring strategic opportunities for the business.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

July 01, 2026 16:57 ET (20:57 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/hant/news/2648291655"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2648291655\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2648291655?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-02 04:57","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2648291655","market":"hk","top_or_hot":-1,"title":"Corvex Shakes up Board, Adds Co-ceo in Pivot to AI Infrastructure","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Corvex shareholders voted to add three board members and the company brought in a new co-chief executive as it pivots toward the artificial-intelligence infrastructure business. \n</p>\n<p>\n  The company said that Seth Demsey had been appointed co-CEO alongside co-founder Jay Crystal, effective after the shareholder meeting. Chance Moreland has also joined as chief financial officer of Corvex AI, the company said Wednesday. \n</p>\n<p>\n  At the meeting, shareholders elected Crystal to the board, alongside Nicholas Donofrio, a former executive at International Business Machines, and Patrick Fleury, the finance chief of TeraWulf. Shareholders approved the issuance of more than 20% of the company's shares to convert Series C and D Preferred Stock into common stock. \n</p>\n<p>\n  The shakeup comes after Corvex completed its disposition of legacy assets, including the health technology products Wellness Ring and Medical Ring, from its predecessor company Movano. The assets were disposed to a lender to satisfy certain secured indebtedness, the company said. \n</p>\n<p>\n  Corvex said it has been operating its healthcare division at reduced capacity and exploring strategic opportunities for the business. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 01, 2026 16:57 ET (20:57 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Corvex Shakes up Board, Adds Co-ceo in Pivot to AI Infrastructure</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCorvex Shakes up Board, Adds Co-ceo in Pivot to AI Infrastructure\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-07-02 04:57</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Corvex shareholders voted to add three board members and the company brought in a new co-chief executive as it pivots toward the artificial-intelligence infrastructure business. \n</p>\n<p>\n  The company said that Seth Demsey had been appointed co-CEO alongside co-founder Jay Crystal, effective after the shareholder meeting. Chance Moreland has also joined as chief financial officer of Corvex AI, the company said Wednesday. \n</p>\n<p>\n  At the meeting, shareholders elected Crystal to the board, alongside Nicholas Donofrio, a former executive at International Business Machines, and Patrick Fleury, the finance chief of TeraWulf. Shareholders approved the issuance of more than 20% of the company's shares to convert Series C and D Preferred Stock into common stock. \n</p>\n<p>\n  The shakeup comes after Corvex completed its disposition of legacy assets, including the health technology products Wellness Ring and Medical Ring, from its predecessor company Movano. The assets were disposed to a lender to satisfy certain secured indebtedness, the company said. \n</p>\n<p>\n  Corvex said it has been operating its healthcare division at reduced capacity and exploring strategic opportunities for the business. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 01, 2026 16:57 ET (20:57 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CHAT","symbol_name":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2648291655","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2648291655","pubTimestamp":1782939420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Corvex shareholders voted to add three board members and the company brought in a new co-chief executive as it pivots toward the artificial-intelligence infrastructure business.The company said that Seth Demsey had been appointed co-CEO alongside co-founder Jay Crystal, effective after the shareholder meeting. Chance Moreland has also joined as chief financial officer of Corvex AI, the company said Wednesday.At the meeting, shareholders elected Crystal to the board, alongside Nicholas Donofrio, a former executive at International Business Machines, and Patrick Fleury, the finance chief of TeraWulf. Shareholders approved the issuance of more than 20% of the company's shares to convert Series C and D Preferred Stock into common stock.The shakeup comes after Corvex completed its disposition of legacy assets, including the health technology products Wellness Ring and Medical Ring, from its predecessor company Movano. The assets were disposed to a lender to satisfy certain secured indebtedn","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","BK4170":"电脑硬件、储存设备及电脑周边","ARTY":"ISHARES FUTURE AI & TECH ETF","AGIX":"通用人工智能 ETF-AGIX","AIPO":"Defiance AI and Power Infrastructure ETF","MOVE":"Corvex Inc"},"translate_title":"Corvex改组董事会，增加联合首席执行官，专注于人工智能基础设施","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MOVE":0.9,"CHAT":1.5,"AGIX":1.5,"AIPO":1.5,"ARTY":1.5},"content_text":"Corvex shareholders voted to add three board members and the company brought in a new co-chief executive as it pivots toward the artificial-intelligence infrastructure business. \n\n\n  The company said that Seth Demsey had been appointed co-CEO alongside co-founder Jay Crystal, effective after the shareholder meeting. Chance Moreland has also joined as chief financial officer of Corvex AI, the company said Wednesday. \n\n\n  At the meeting, shareholders elected Crystal to the board, alongside Nicholas Donofrio, a former executive at International Business Machines, and Patrick Fleury, the finance chief of TeraWulf. Shareholders approved the issuance of more than 20% of the company's shares to convert Series C and D Preferred Stock into common stock. \n\n\n  The shakeup comes after Corvex completed its disposition of legacy assets, including the health technology products Wellness Ring and Medical Ring, from its predecessor company Movano. The assets were disposed to a lender to satisfy certain secured indebtedness, the company said. \n\n\n  Corvex said it has been operating its healthcare division at reduced capacity and exploring strategic opportunities for the business. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 01, 2026 16:57 ET (20:57 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}