Better Board Removes Vishal Garg After Zoom Layoffs of 900 Workers
Better Home & Finance Holding announced its board unanimously removed former CEO Vishal Garg and appointed Daniel Lewis as interim CEO. Garg had gone viral in 2021 for firing 900 employees during a Zoom meeting. Garg told CNN Lewis hoodwinked him, while the company says he is running a costly revenge campaign to reverse the decision. Garg filed a preliminary Schedule 14A to remove five of eight directors, backed by stockholders holding over 50.1% of voting power.