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GitHub, a start-up whose products software developers use to store and collaborate on code, on Thursday said that its CEO, co-founder Chris Wanstrath, will step down. Wanstrath will remain on the board to help find his replacement, then will then become executive chairman of the company, which has more than 20 million users and $200 million in annualized recurring revenue. "As GitHub approaches 700 employees, with more than $200M in ARR, accelerating growth, and more than 20 million registered users, I'm confident that this is the moment to find a new CEO to lead us into the next stage of growth," Wanstrath said in a statement. This is actually the second time Wanstrath is leaving the top position of the San Francisco company, which competes with Atlassian and Microsoft.
BP plc’s Lower 48 onshore division, which announced in December it would be setting up its headquarters in Denver with 200 jobs, has started hiring and is “open for business,” a senior executive said Thursday. The company recently posted 26 job openings in the Denver office. The jobs can be found by filtering for “Denver” as the location. The new Denver office is expected to open in the first quarter of 2018. BP signed a lease for 86,000 square feet of office space in the Riverview building at 1700 Platte St. in the Lower Highlands district near downtown Denver. The company anticipates the office will open with CEO David Lawler and his executive leadership team in place. It’s unclear how many
Of the 23 stocks that finished higher, none gained more than Tractor Supply (TSCO), the S&P 500's best-performing stock today. Tractor Supply gained 2.7% to $54.92 today, while the S&P 500 fell 1.5% to 2,430.01. But heck if I know why. Hershey's (HSY) 1.7% rise, which made it the number-two performer, was upgraded to Outperform from Market Perform at Bernstein. Advance AutoParts (AAP), whose 1.5% advance made it the...