HubSpot brings back Halligan as CEO replacing Rangan

HubSpot’s board has brought back cofounder Brian Halligan as chief executive, replacing Yamini Rangan after five years in the role. The Cambridge-based software company hopes the leadership change will reverse a prolonged stock decline. HubSpot recently announced 660 job cuts, while investors weigh competition from businesses using artificial intelligence to build their own software. Shares rose about 8% in Thursday morning trading after the announcement.