The CEO of Waywire — the startup co-founded by Newark mayor and Senate candidate Cory Booker — is stepping down, TechCrunch has learned. The resignation comes as the company is in the midst of a strategic shift from content creation to content curation, according to a source familiar with the company’s strategy.
Richardson was one of three founding members of the Waywire team, along with Booker and Sarah Ross. According to our source, the company is in search of a new CEO, who is expected to be named shortly. In the meantime, Ross is handling the company’s day-to-day activities and Richardson will remain on the company’s board of directors.
Yeah, a “strategic shift” to the U.S. Senate.
The change in leadership comes as Waywire is at an inflection point in its strategic direction.
Translation: We gotta concentrate on getting Cory elected. And he ain’t got time for no business meetings and corporate stuff, unless you’re bringing contribution checks!