Lime cofounder Brad Bao is stepping in as CEO, replacing his cofounder Toby Sun. LimeScooter startup Lime is shuffling its leadership as cofounder Brad Bao steps in as the company’s new CEO. He is taking over from his cofounder Toby Sun, who has been serving as CEO since the company started in January 2017. Joe Kraus, president of Lime LimeIt’s not too uncommon for startups to switch up leadership at some point. After the initial frenzy, the industry got snagged on logistics from supply chain to city operations, Kraus says.

Source: Forbes May 24, 2019 00:30 UTC