Online lender Social Finance said CEO Mike Cagney would immediately step down and give up his seat on the company’s board, an about-face as the company deals with accusations of improper workplace culture.
SoFi CEO Mike Cagney will step down following allegations of sexual misconduct and fraudulent activity at the company.
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.
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...
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.