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Better CEO ‘Is Taking Time Off’ After Firing Uproar, Vice Says

Vishal Garg
Vishal GargSource: Better Mortgage/PRNewsfoto

Vishal Garg, chief executive officer of online mortgage lender Better, “is taking time off effective immediately,” the company’s board said in an email, following mass firings conducted via conference call that sparked outrage among employees.

Chief Financial Officer Kevin Ryan will handle Better’s day-to-day operations and report to the board in the interim, according to the email from the board, published Friday by news outlet Vice. The board has also commissioned an independent third-party firm it didn’t name to conduct a review of leadership and culture at the company, according to the email.