Better.com Founder Vishal Garg Seeks CEO Reinstatement for $1 Annual Salary
Vishal Garg, founder of Better Home & Finance, has formally requested his reinstatement as CEO after being removed from the role. He has offered to work for just one dollar per year until the company returns to profitability. Garg admitted to past missteps, including the reputational fallout from his 2021 mass layoff of 900 employees via a Zoom call. He also argued that his successor, Daniel Lewis, failed to bring fresh innovation to the company. Garg, who retains a board seat and has backing from certain investors, is making his case for a return to leadership.
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