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Travis VanderZanden’s slow-motion departure from Chook is now full. The scooter rental firm introduced in a late-Friday information dump that the manager has stepped down from his function as chairperson of Chook’s board, “efficient instantly.”
Changing VanderZanden is John Bitove, who performed a task in saving Chook’s bacon this previous December by way of its merger with Chook Canada.
VanderZanden had led the micromobility firm from its inception as its president and founding CEO, however that each one modified final 12 months when Chook’s declining inventory worth culminated in a delisting warning from the New York Inventory Trade. Quickly after, VanderZanden stepped down from his function as president, handing over the title to Chook’s then-chief working officer Shane Torchiana. Torchiana went on to imagine the CEO submit as effectively a number of months later. On the time, VanderZanden referred to as the reorg a “long-planned transition.”
In accordance with Chook, VanderZanden “determined to step down [from the board] to pursue different ventures.” In a equally imprecise but intriguing assertion, VanderZanden added that he intends to return to his “entrepreneurial roots and incubate some new concepts.”
TechCrunch has reached out for extra data on the founder’s departure and can replace this story once we hear again.
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