Covetrus inc.
-
PublishedNovember 12, 2019
Covetrus admits ‘self-inflicted missteps,’ records $1 billion ‘goodwill’ charge
In its third-quarter earnings report, the Portland-based company takes the massive charge in an attempt to square its value on paper with its present reality.
-
PublishedOctober 22, 2019
Head of Portland-based Covetrus steps down, after months of turmoil since company’s launch
Company co-founder Benjamin Shaw will receive more than $2.3 million in severance and transition to an advisory role less than 9 months after the veterinary technology and services firm’s initial public offering.
-
PublishedOctober 13, 2019
Investor lawsuit sours promise of Portland-based Covetrus
A complaint filed in federal court describes a company that was deeply in debt at launch and unable to manage its global inventory.