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00:02SADA's CEO and co-founder, Dustin Moskowitz, announced his retirement, according to CNBC.
00:07He will transition to the role of chair once the new CEO is appointed.
00:10The company's fourth quarter revenue increased 10% year-over-year, meeting analysts' expectations.
00:15Moskowitz plans to focus on philanthropy, including good ventures and open philanthropy,
00:19after signing the giving pledge to donate most of his fortune.
00:22SADA's stock dropped over 25% in after-hours trading on Monday.
00:26For all things money, visit Benzinga.com slash GSTV.
00:30For more information visit www.benzinga.com
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