Mike Cagney, chief executive officer and co-founder of San Francisco-based financial technology startup Social Finance Inc., SoFi, is stepping down from his position following sexual harassment allegations. Cagney, 46, is accused of having “inappropriate relationships with SoFi employees” that apparently “helped foment a toxic workplace culture,” according to the New York Times.
SoFi CEO Mike Cagney will step down following allegations of sexual misconduct and fraudulent activity at the company.
Mike Cagney, the co-founder and chief executive of financial services start-up SoFi, stepped down from the company Friday amid allegations that he fostered a culture at the company that enabled sexual harassment. The company’s execu...
Mike Cagney, CEO of personal finance company Social Finance Inc., will be stepping down immediately following sexual harassment allegations, rather than at the end of the year as previously announced.
Social Finance Inc., one of the most highly valued private financial-technology startups in the U.S., said on Monday night that Chairman and Chief Executive Mike Cagney would step down by the end of the year.