Away's co-CEO Steph Korey will step down this year - Business Insider

Away's co-CEO Steph Korey to step down from the role for the second time in less than a year

7/3/2020 2:03:00 PM

Away's co-CEO Steph Korey to step down from the role for the second time in less than a year

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.This week, she came back into the public eye while on maternity leave after posting a series of comments on her Instagram stories in which she criticized the media.She said that several media organizations "have nearly non-existent editorial standards" and that she could "write a whole separate essay about how defamation lawsuits should be made easier to pursue now that misrepresentation is the business model."

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Her comments were later criticized by employees in an anonymous letter sent to Away's other co-founder, Jen Rubio, and co-CEO Stuart Hazelton. "Now more than ever we need compassionate and empathetic leaders who care about the company and its employees. Based on her recent activity, we are anxious and worried about what life at Away will be like when she returns," these employees wrote in the letter,

which was reported by The Verge. Rubio and Haselden responded to these comments in a memo to employees on Thursday, July 2, where they also announced that Korey would be stepping down as co-CEO by the end of 2020:Steph's posts do not reflect or affect our current company priorities and the deep work we're doing around diversity, equity, and inclusion. We hear you that these posts, coming from a co-CEO, distract from our focus as a company, and we are sorry that this has caused pain for some of our employees and placed unnecessary negativity and pressure on our community-facing teams. We especially recognize the added emotional burden on our Black, POC, and LGBTQIA+ teammates. There is nothing we are doing that is more important right now than building and executing our DEI plan to become an anti-racist company.

Business Insider asked Away for comment but did not immediately hear back. In a statement to, the company denied that Korey's departure was tied to her "social media activity" this week. The decision for her to step down had been made prior to this, it said.

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