Brad Bao (left) is taking the reins from fellow co-founder Toby Sun.
Lime
Scooter business Lime revealed a revamped executive lineup on Thursday, with co-founder Brad Bao taking control of as CEO for Toby Sun.
Bao, the business’s executive chairman, co-founded San Mateo, California-based Lime with Sun in 2016. Sun will stick with the business, turning his attention to research study and advancement.
“Lime’s structure allows for our executive leadership to be multipurpose and we are making a few changes to our team today to seize the opportunity ahead of us,” Lime stated in a declaration. “Brad will take on the role of CEO and focus on operating the Lime of today, while Toby will look to what’s next and focus on building the Lime of tomorrow.”
Rounding out the executive shuffle was the promo of Joe Kraus, Lime’s chief running officer, to president.
