MicroStrategy Replaces Saylor as CEO With Company’s President, Saylor to Become Executive Chairman

Business software firm MicroStrategy (MSTR) has appointed Phuong Le, the company’s president, as its new CEO, replacing Michael Saylor, who had served as CEO and chairman of the board since he founded the company in 1989 and took it public in 1998, the company announced Tuesday as part of its second-quarter results.

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