Advertisement
UK markets closed
  • FTSE 100

    8,420.26
    -18.39 (-0.22%)
     
  • FTSE 250

    20,749.90
    -72.94 (-0.35%)
     
  • AIM

    794.02
    +1.52 (+0.19%)
     
  • GBP/EUR

    1.1678
    +0.0023 (+0.20%)
     
  • GBP/USD

    1.2706
    +0.0035 (+0.28%)
     
  • Bitcoin GBP

    52,757.86
    +1,414.39 (+2.75%)
     
  • CMC Crypto 200

    1,369.64
    -4.20 (-0.31%)
     
  • S&P 500

    5,303.27
    +6.17 (+0.12%)
     
  • DOW

    40,003.59
    +134.21 (+0.34%)
     
  • CRUDE OIL

    80.00
    +0.77 (+0.97%)
     
  • GOLD FUTURES

    2,419.80
    +34.30 (+1.44%)
     
  • NIKKEI 225

    38,787.38
    -132.88 (-0.34%)
     
  • HANG SENG

    19,553.61
    +177.08 (+0.91%)
     
  • DAX

    18,704.42
    -34.39 (-0.18%)
     
  • CAC 40

    8,167.50
    -20.99 (-0.26%)
     

TaskRabbit founder steps down from CEO spot again, ex-Googler takes over

task rabbit stacy brown-philpot leah busque
task rabbit stacy brown-philpot leah busque

(TaskRabbit)
New CEO Stacy Brown-Philpot with TaskRabbit founder Leah Busque.

TaskRabbit's founder Leah Busque is stepping down from her role as CEO, according to reports in Fortune and Re/code.

COO Stacy Brown-Philpot is taking over the position and Busque will become executive chairman.

TaskRabbit, founded in 2008 as one of the first so-called "on-demand" startups, lets people hire temporary workers, nicknamed "rabbits," for chores like moving furniture or house cleaning.

This is the second time Busque has stepped down as CEO. She also took a 9-month break in 2011 and 2012 to concentrate more on product.

ADVERTISEMENT

Brown-Philpot joined TaskRabbit three years ago after leading global consumer operations at Google. After eight months studying startups as an entrepreneur-in-residence at Google Ventures, she joined TaskRabbit in 2013 to push its business forward — which included some necessary steps like layoffs.

It's a hard job in an environment that has not been friendly to on-demand startups, but Brown-Philpot told Re/code that the company will reach profitability in 2016.

NOW WATCH: The things you can see through this Florida startup's augmented reality headset will blow your mind



More From Business Insider