Stock Watch: Divine InterVentures Falls as Executives Resign

Divine InterVentures, Inc. (Nasdaq: DVIN) dropped 11/16 to 5 13/16 Tuesday after the company said two executives resigned. The Lisle, Illinois-basd firm is a holding company for business-to-business (B2B) e-commerce ventures.

President Scott Hartkopf and chief operating officer Lynn Wilson “plan to pursue other interests,” the company said. Paul Humenansky, an executive vice president, will take over as president and chief operating officer, while Anton Simunovic will serve as chief investment officer. Simunovic has been with Divine’s partner development unit since January.

Andrew “Flip” Filipowski, chairman and chief executive officer, said that departing executives Hartkopf and Wilson helped establish the company “as a organization that is building successful enabling technology and infrastructure companies.”

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