High Living CEO Of Goldman Sachs-Backed Slync Suspended Following Reports Of Financial Impropriety

South Africa News News

High Living CEO Of Goldman Sachs-Backed Slync Suspended Following Reports Of Financial Impropriety
South Africa Latest News,South Africa Headlines
  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

1/ Chris Kirchner, the high-flying CEO of Goldman Sachs-backed tech company Slync who left his employees unpaid, was suspended Friday, DavidJeans2 reports:

The CEO of a Goldman Sachs-backed company who flaunted his wealthy lifestyle for months while his employees went unpaid, was suspended Friday,Employees of Slync.io, a tech startup that sells software to logistics companies, were told during a virtual all-hands meeting Monday afternoon that CEO Chris Kirchner has been suspended from his role.

“We don’t comment on people who are still with us, whether they are suspended or not. That’s all we can say at this point,” Burt White, Slync’s vice president of sales, marketing and customer success, told. “Slync’s got a great future. With Chris, it is what is, but I can’t talk about current employees.”to his work address bounced.

Kirchner “has been suspended as CEO until further notice,” Mary Athridge, a spokesperson for Goldman Sachs, told. “We take our responsibility as board members and investors very seriously, as we’ve always done.” The investors, led by Goldman Sachs, will also be providing more capital to the company to resolve the payroll issue this week, Athridge said, though she declined to say how much. A person with knowledge of the matter said the outstanding payroll was about $4 million.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ForbesTech /  🏆 318. in US

South Africa Latest News, South Africa Headlines



Render Time: 2025-03-06 20:08:29