Bolt CEO Resigns Two Weeks After Securing $11 Billion Valuation
- Ryan Breslow becomes executive chairman; Maju Kuruvilla is CEO
- Move follows strange Twitter accusations and funding mix-up
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Ryan Breslow, a founder of Bolt Financial Inc., said he’s stepping down as chief executive officer, two weeks after securing an $11 billion valuation for the business.
Breslow, 27, will become executive chairman. Maju Kuruvilla, a 44-year-old Bolt executive and a former vice president at Amazon.com Inc., will be promoted to CEO. TechCrunch reported the move earlier Monday.