Cybersecurity

Why This $3 Billion Tech Startup Is Still Searching for a CEO

  • Unicorn company is said to have been spurned by Google exec
  • Bain’s Enrique Salem emerges as candidate for chief executive

Keith Krach, chairman and chief executive officer of DocuSign.

Photographer: David Paul Morris/Bloomberg
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DocuSign Inc. is one of Silicon Valley’s most prominent unicorns. But it’s taking an unusually long time to fill a key position: chief executive officer.

In an e-mail to DocuSign staff last October, Keith Krach said he wanted to step down as CEO and that a search for his successor was under way. But almost nine months and one major public setback later, the hunt continues. And Krach remains in the job.