Away CEO Steph Korey Replaced After Verge Investigation
Away CEO Steph Korey is stepping down, just four days after an investigation from The Verge highlighted the company’s toxic culture. Korey, one of the luggage brand’s co-founders, will be replaced with former Lululemon executive Stuart Haselden, though Korey will still continue on as executive chairman.
Stuart Haselden has impressive credentials. For one, he's an Army veteran. Changing company culture is hard work, just look at Uber. It doesn't happen overnight. Perhaps, he is just what Away needs.
His previous work at Lululemon, Saks and J. Crew were pretty long stints, totaling nearly two decades. Almost his entire professional career has been at the crossroads of retail and finance. Something tells me that Haselden, an Auburn alum (Tim Cook's alma mater), just might be up to the task of turning around Away's toxic work culture:
Haselden’s mandate will likely involve turning around Away’s company culture, and he may have relevant experience. Lululemon faced its own reports of toxic management, which culminated in CEO Laurent Potdevin’s resignation last year. In the aftermath of the scandal, Haselden took control of the company’s people and culture functions — the teams that are directly responsible for creating a healthy working environment.