Better CEO who faced backlash over mass firings is returning

Vishal Garg is returning to the chief executive officer role at online mortgage lender Better after “taking a break” that followed mass firings conducted via conference call that sparked outrage among workers.

A search is underway for new executives at the company, including a chairman, a president and a chief human resources officer, the company’s board said in a message to employees Tuesday. Garg’s return and the search for new leadership followed a “thorough, independent review of Better’s culture,” according to the memo.

Chief Financial Officer Kevin Ryan will serve as president on an interim basis, while Activant Capital partner Richard Benson-Armer will be interim chief human resources officer.

→ Continue reading at Crain's New York Business

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