Fab Operating Chief Said to Be Leaving Company Amid Shakeup
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Fab Inc. Chief Operating Officer Beth Ferreira is leaving the company, adding to a surge in executive turnover at the online retailer, according to people with knowledge of the situation.
Ferreira, a former Etsy Inc. executive who joined Fab in 2011, will depart by the end of the year, said the people, who asked not to be identified because the matter isn't yet public. Chief Executive Officer Jason Goldberg announced the move to Fab’s board in an e-mail that was viewed by Bloomberg News. He also plans to further ``downsize'' the company.