Ellen Pao resigns as CEO after Reddit revolt

Reddit board tries to calm popular internet community with reshuffling executives

Photo by: Reuters
Photo by: Reuters

Updated Jul 28, 2015

Ellen Pao is stepping down as Reddit’s interim CEO after facing an all-out revolt on the popular messaging site for firing of a popular employee, Reddit board head Sam Altman announced in a post on Friday.

“Ellen Pao resigned from Reddit today by mutual agreement,” wrote Altman.
Pao will be replaced by Reddit’s co-founder and former CEO Steve Huffman and Alexis Ohanian, executive chairman of Reddit, will work alongside Huffman, the post said.

Last week, when Victoria Taylor –Reddit’s director of talent– was fired, the popular online message board fell into a turmoil. Many of its moderators closed down the most trafficked threads of the site.

Pao apologized, saying “We handled the transition in a way that caused some disruption and we should have done a better job.”

Although the site has returned to normalcy, users continued to call for Pao’s dismissal until this Friday.

“After more than two years at Reddit, I have resigned today,” Pao wrote in another post on the site. “In my eight months as Reddit’s CEO, I’ve seen the good, the bad and the ugly on Reddit.”

According to Pao, the firing of Taylor was not the cause of her resignation.
“Ultimately, the board asked me to demonstrate higher user growth in the next six months than I believe I can deliver while maintaining Reddit’s core principles,” Pao said.

Pao, 45, is well-known for her unsuccessful gender-discrimination suit against her former employer Kleiner Perkins, a venture-capital firm.

Pao, will continue to serve as an advisor to the Reddit’s board until the end of 2015.

TRTWorld and agencies