San Diego-based pet food retailer said that interim CEO R. Michael Mohan would transition to a new role leading a board committee focused on value creation.
Darden said it will acquire all the outstanding shares of Chuy’s for $37.50 per share. The price represents a 40% premium to Chuy’s 60-day volume weighted price.
The longtime Googler gave an update on AI initiatives at the Alphabet owned company, including project Astra, and addressed the recent report that Google’s data center emissions have increased.
Botha says he is not registered with either political party. And while several prominent venture capital investors including Marc Andreessen, Reed Hoffman, and David Sacks have lined up on team Trump or Biden, Sequoia is staying on the sidelines.