Travis VanderZanden’s slow-motion departure from Fowl 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 Fowl’s board, “efficient instantly.”
Changing VanderZanden is John Bitove, who performed a task in saving Fowl’s bacon this previous December through its merger with Fowl Canada.
VanderZanden had led the micromobility firm from its inception as its president and founding CEO, however that every one modified final 12 months when Fowl’s declining inventory value culminated in a delisting warning from the New York Inventory Change. Quickly after, VanderZanden stepped down from his function as president, handing over the title to Fowl’s then-chief working officer Shane Torchiana. Torchiana went on to imagine the CEO publish as properly a number of months later. On the time, VanderZanden referred to as the reorg a “long-planned transition.”
Based on Fowl, 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 after we hear again.