Pro Weekly: Companies Turn to New Leaders As Growth Slows ...Middle East

As tech companies grapple with slower growth, a focus on profitability and tumbling valuations, many are shuffling their leadership. Our Org Charts reflect those changes. Logistics startup Flexport last week named the leaders who will report to founder Ryan Petersen, whom the board reinstated as CEO last month. Since Petersen and the board ousted former Amazon executive Dave Clark, 10 top executives have exited the company and hundreds of people have been laid off as Flexport seeks to eliminate roughly 20% of its roles. Petersen now has 14 direct reports, and the leadership structure is meant to strengthen customer relationships, The Information previously reported.  The post Pro Weekly

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