Away co-founder will remain CEO, after announcing plans to step aside

Photo by Amelia Holowaty Krales / The Verge

Away co-founder Steph Korey will become co-CEO of her company, rather than moving to its board of directors, according to The New York Times. Last month, following a Verge report that described a “toxic work environment” within the company, Away announced that the CEO position would be taken over by Lululemon COO Stuart Haselden, effective today, January 13th, while Korey would become executive chairman of Away’s board. Now, Korey and Haselden will share the CEO position.

Korey tells the Times that Away “let some inaccurate reporting influence the timeline of a transition plan that we had.” (The article does not specify what Korey claims those inaccuracies are.) Haselden was initially supposed to become Away’s COO and later transition to…

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via The Verge – All Posts

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