Social Finance Inc. named Executive Chairman Tom Hutton as interim chief executive officer, replacing co-founder Mike Cagney, who is stepping down immediately amid accusations of sexual harassment.
Earlier in the week, SoFi said Cagney would depart the online lending service before the end of the year while the board searched for a new CEO. In a statement Sept. 15, SoFi said it would accelerate its search for a leader.
SoFi, one of the most valuable financial technology startups, is facing a lawsuit over claims of sexual harassment and fraudulent actions by managers. Cagney is said to have engaged in at ...
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