Away CEO is stepping down in light of reports of toxic culture

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Atomico Away CEO Steph Korey is stepping down following The Verge’s report of toxic culture at the luggage startup. Taking her spot is Stuart Haselden, COO at Lululemon, The Wall Street Journal reports. Haselden’s last day at Lululemon will be Jan. 10, 2020. Korey will remain on board as executive chairman.

Following The Verge’s story, which described a workplace where Korey was known for berating employees via Slack, Korey tweeted last week that she was “making things right” at the company.

“I’m not proud of my behavior in those moments, and I’m sincerely sorry for what I said and how I said it,” she tweeted. “It was wrong, plain and simple.”

She added that she had also been working with an executive coach since those incidents the report highlighted. According to The Wall Street Journal, Away had been looking for Korey’s replacement since the spring.

“Over the past eight months, I led the recruiting process that led us to bringing on Stuart, and I’m so thrilled for him to join the company as Away’s CEO,” Korey said in a statement. “Stuart is a deeply experienced leader and operator who will be transformative for Away’s next phase of growth. I am looking forward to stepping into my new role as executive chairman.”