Lime cofounder Toby Sun is stepping down as CEO as Lime shakes up leadership ranks.
Scooter startup Lime is shuffling its leadership as cofounder Brad Bao steps in as the company’s new CEO. He is taking over from his cofounder Toby Sun, who has been serving as CEO since the company started in January 2017. Sun will now report to Bao and focus on future research and development, as well as company culture.
“Having Brad focusing on the now and me focusing on the future is something I feel really really excited about,” Sun tells. “Brad was my mentor and my trusted business partner for a long time, so I feel confidence in having him lead the day-to-day.”Lime’s growth has exploded in the last two years since the duo launched the company in January 2017. It started as a bikeshare company and switched to scooters 14 months ago.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Scooter Startup Lime Swaps Out CEO As Cofounders Change RolesLime cofounder Toby Sun is stepping down as CEO as Lime shakes up leadership ranks.
Read more »
Scooter Startup Lime Swaps Out CEO As Cofounders Change RolesScooter startup Lime is shuffling its leadership as cofounder Brad Bao steps in as the company's new CEO by bizcarson
Read more »
The CEO of $111 million birth control startup Nurx told us how she’s charting a new path forward after a scorching New York Times exposé'Every company makes a few missteps along the way in terms of handling growth,' Nurx's new CEO told Business Insider.
Read more »
Startup Arris, Incubated In Ex-Autodesk CEO's Personal Shop, Comes Out Of Stealth With New Way Of Manufacturing Composite Parts And $10M FundingStartup Arris, incubated in the personal shop of ex-Autodesk CEO Carl Bass, comes out of stealth with a new way of manufacturing composite parts and $10 million in funding.
Read more »
How CEO Pay Compares With Hollywood Celebrities and Sports StarsYes, chief executives in the U.S. are well paid. But actors, sports stars and singers are among the cultural figures whose annual pay outstrips CEOs.
Read more »
Meet the 31-year-old African American CEO aiming to revolutionize real estate investingRyan Williams is on a mission to revolutionize the stodgy real estate industry. But as an African American executive trying to disrupt real estate, Williams has also faced his fair share of skepticism.
Read more »
Huawei CEO says U.S. ‘underestimates’ the company’s strengthThe founder and chief executive of Huawei Technologies Co. says the U.S. government is underestimating the Chinese tech giant, and within a few years no one...
Read more »
AIG shareholders approve $21 million pay package for CEOAmerican International Group Inc said shareholders approved a $21 million pay pa...
Read more »
Airbus CEO hints at more powerful A321 jetAirbus Chief Executive Guillaume Faury hinted on Tuesday at the launch of a more...
Read more »
Novartis CEO says cannabis isn't a focus despite Tilray partnershipNovartis CEO Vas Narasimhan said Tuesday that cannabis is not a priority for the Swiss drugmaker, despite its partnership with Canadian marijuana giant Tilray. HealthyReturns
Read more »
Mark Zuckerberg should hire a new Facebook CEO, former Facebook exec saysMark Zuckerberg needs to give up some of his control of Facebook and hire a new CEO, a former Facebook executive said Tuesday.
Read more »