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Better replaces Vishal Garg, taps hedge fund boss as CEO
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Vishal Garg will no longer lead Better, the company has announced.
Newly tapped board member Daniel Lewis, a former hedge fund boss, will replace Garg as CEO on an interim basis immediately, the company said in a press release.
Garg mutually agreed with the board to transition out and will remain on the company's board.
Daniel Lewis Better Home & FinanceThe chairman said Lewis, who founded Orange Capital, has worked with Better in the past few months on management and cost reductions and strategic planning as an independent advisor.
The firm's ex-head of sales Sarah Pierce filed a whistleblower lawsuit against Better and Garg in 2022, accusing the company of misleading investors.