Foursquare CEO Crowley Steps Down as App Seeks to Boost Growth

  • Location Services company raised $45 million in funding round
  • Crowley becomes executive chairman; Jeff Glueck takes CEO job

Dennis Crowley.

Photographer: Michael Nagle/Bloomberg

Foursquare Labs Inc. Chief Executive Officer Dennis Crowley is stepping down as the company seeks to restart growth under his successor Jeff Glueck.

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