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Founder and CEO Kris Naudts announced on Monday in an all-staff meeting that he would vacate the role of CEO but stay on as chairman, a company spokesperson told Business Insider. At least five members of its senior leadership — more than a third of its C-suite team — left the company soon after the May redundancies, including: Nathaly Carvajal, chief finance officer; Karen Kesner, chief people officer; Dmitry Shishkin, chief content officer; Bieke Claes, general manager for North America; and Xavier De Pauw, senior vice president, finance. Sources close to the company told Business Insider that Kathelijne Becker, general counsel, also handed in her notice in August.
At least four other vice presidents, the general manager for China, and the chief of staff have also left within the past eight months, sources close to the company said.into Culture Trip unearthed a culture of fear and constant changes in strategic direction. The investigation also showed senior executives often left the company soon after joining: One stayed at the company for only two days.
"We appreciate that this has been very difficult for our staff — such a process always is, which is why we were determined to handle this in the best possible way," they said.
Source: News Formal (newsformal.com)
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