Jon Stein ousts himself as Betterment CEO and taps Sarah Levy, who joins an exclusive club of top women executives, with a mission -- an IPO
The co-founder of the New York robo-advisor headhunted the ex-Viacom brass through Harvard professors on the down low to ostensibly scale operations.
Author Brooke Southall
December 8, 2020 at 5:27 PM
Second Betterment exec departs as new CEO Sarah Levy orients to her first month on the job and is confronted by personnel matters
Chief operating officer Dustin Lucien is the latest to leave the New York City robo-advisor, one of at least eight positions open as it prepares a push across multiple business lines to ignite growth.
January 19, 2021 at 6:32 PM
Mentioned in this article:
Financial Planning Software
Top Executive: Jon Stein
December 8, 2020 — 7:51 PM
Imagine having 25B AUM and still not a penny of profit. Can that really have been the business plan?
December 15, 2020 — 8:00 PM
They don't turn a profit yet because they are still investing heavily in the business and that's why it has grown so much, so quickly. Come on Dave, I expected more from a varsity letterman