Allbirds rebrands as Smartbird, appoints former AWS executive Nadia Carlsten as CEO
Former footwear company Allbirds has rebranded to Smartbird and shifted focus toward AI infrastructure. The appointment of ex-Amazon Web Services (AWS) executive Nadia Carlsten as CEO triggered a more than 30% rise in its shares, with the stock up over five-fold since April when it announced plans for an AI pivot.
Topics: AI executive appointment rebranding stock price movement