Morning Agenda: SoFi Chief Executive to Step Down
- 7 years ago
Morning Agenda: SoFi Chief Executive to Step Down
Mr. Cagney wrote in a letter to employees that “the combination of HR-related litigation
and negative press have become a distraction from the company’s core mission.”
• Several former employees said that Mr. Cagney had inappropriate relationships with SoFi employees.
• A spokesman for SoFi said that the board had investigated a dispute between Mr. Cagney
and a former employee and found no evidence of a romantic or sexual relationship.
Mr. Cagney wrote in a letter to employees that “the combination of HR-related litigation
and negative press have become a distraction from the company’s core mission.”
• Several former employees said that Mr. Cagney had inappropriate relationships with SoFi employees.
• A spokesman for SoFi said that the board had investigated a dispute between Mr. Cagney
and a former employee and found no evidence of a romantic or sexual relationship.