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SoFi CEO Cagney to step down immediately


REUTERS - Online lender Social Finance, which is currently investigating claims of sexual harassment by employees, said on Friday its chief executive, Mike Cagney resigned, effectively immediately.The company had said on Monday that Cagney would step down, but stay on as CEO until a successor was found.Executive Chairman Tom Hutton will become interim chief executive officer, the company said on Friday.Cagney's resignation comes after the San Francisco-based company known as SoFi launched an investigation this month into claims that current and former employees were sexually harassed at work. ...

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First Published: Fri, September 15 2017. 23:28 IST