Silver Lake-backed SoFi appoints Hutton as interim CEO
Online lender SoFi has named Executive Chairman Tom Hutton as interim CEO. His appointment became effective immediately after SoFi board of directors accepted company co-founder and CEO Mike Hagney's resignation following the disclosure earlier this week of sexual harassment allegations levelled against him. The managing director of XL Innovate, Hutton was appointed to the SoFi board in June 2012. SoFi's backers include SoftBank and Silver Lake Partners.
15 September 2017•2 mins read
