SoFi CEO Mike Cagney has resigned 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.
This escalated quickly and then all at once.
Mike Cagney, the company’s chief executive, had said earlier this week that he would step down at year’s end.
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 executive chairman, Tom Hutton, will become interim CEO. “The business...
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.
Social Finance has gone on the defensive following reports that problems within the internet financing company may go well beyond its cofounder, Mike Cagney. Cagney on Monday resigned as chairman and announced he will step down as CEO by the end of the year amid allegations of widespread sexual harassment at the company, which is also known as SoFi. Show More Summary
SoFi CEO Mike Cagney resigned Monday following sexual harassment accusations that began in early...
CEO Mike Cagney’s replacement will have to clean up the culture and the business before the company can IPO. SoFi cofounder and CEO Mike Cagney does not try to hide from the fact that his first stint as a chief executive was a bust. “It was a humbling experience,” he says of the five years he spent at wealth management startup Finaplex. Show More Summary
Mike Cagney’s departure casts uncertainty over the upstart’s business prospects, its bid to open a bank and plans for an eventual public offering.
Mike Cagney, the chief of Social Finance, is stepping down after questions over sexual harassment at the start-up. Inside the events that led to the change.
SoFi CEO Mike Cagney resigns amid harassment allegations, but it's hard to know why.
"Certain male-dominated startups have developed an unchecked arrogance with a laser focus on growth and financial success while ignoring workplace regulations," reads the suit.
SoFi CEO Mike Cagney will step down following allegations of sexual misconduct and fraudulent activity at the company.
Mike Cagney announced he will be resigning by the end of the year.
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.
Mike Cagney, chief executive of high-profile online lender Social Finance, said he will step down by the end of the year, making him the latest Silicon Valley figure to resign amid claims of sexual harassment and unhealthy corporate culture. Cagney, who cofounded the firm better known as SoFi in...
Mike Cagney, the financial technology start-up’s co-founder, told employees that “HR-related litigation and negative press” had become a distraction.
Mike Cagney, a co-founder of Social Finance, is stepping down as chief executive and chairman after sexual harassment claims at the start-up.
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 ofShow More Summary