Steph Korey, who co-founded the billion-dollar luggage startup in 2015, was the subject of an extensive piece from The Verge in which numerous pseudonymous employees excoriated the 31-year-old for being a verbally abusive bully on the company’s multiple Slack channels. Korey quickly apologized and resigned, but has since announced her return as co-CEO. (The New York Times)
Talking point: The fulsomeness of Korey’s December apology was matched only by January’s repudiation of the article that helped push her out the door. “Frankly, we let some inaccurate reporting influence the timeline of a transition plan that we had,” Korey told The New York Times. Korey said she now disputes The Verge’s reporting and the “social media mob” it spurred, and has retained high-profile defamation lawyer Elizabeth M. Locke. The Verge is standing by the story, noting how Korey herself had said her behaviour and comments were “wrong, plain and simple.” Korey will share chief executive duties with Stuart Haselden, formerly of Lululemon Athletica.