Juul’s CEO steps down amid federal investigations into the e-cigarette giant
Juul Labs CEO Kevin Burns stepped down from his position at the e-cigarette company on Wednesday amid widespread vaping-related illnesses and deaths, along with multiple investigations into the company by federal agencies. The company also announced that it would suspend all print, broadcast, and digital advertising in the U.S. for the time being. K.C. Crosthwaite will replace Burns as CEO effective immediately,according to an announcement on the company’s website. Crosthwaite was the chief growth officer for Altria, the tobacco company that bought a 35% stake in Juul last year....