Empty Boardroom

BLOOMBERG reports:

A slew of SoftBank Vision Fund executives have left the almost $100 billion vehicle, best known for its bets on high profile startups including WeWork, Uber Technologies Inc. and Chinese ride-hailing company DiDi Chuxing.

Ruwan Weerasekera, 54, the fund’s chief operating officer and a managing partner, has retired, according to SoftBank spokesman Andrew Kovacs. Neil Hadley, who’s also chief of staff to Vision Fund Chief Executive Officer Rajeev Misra, will take on the COO role in addition to his current duties.

Penny Bodle, a partner who headed investor relations, has also departed, Kovacs confirmed. Avi Golan, an operating partner, has left to become CEO of artificial intelligence software maker AnyVision, the company said in a statement last week.

Investing partners Ted Fike and Justin Wilson have resigned to join Alec Gores’s eponymous Gores Group as senior managing directors, focusing on the firm’s special purpose acquisitions companies, or SPACs, effort, Kovacs said. Axios reported Fike and Wilson’s new roles on Sunday.

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