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Better CEO Steps Down as New Leadership Takes Charge | Real Estate News

Better CEO Steps Down as New Leadership Takes Charge | Real Estate News

Published 1 week, 1 day ago
Description

Vishal Garg, founder and CEO of Better, is stepping down to make way for Daniel Lewis as interim CEO — a move timed with Better’s latest Q2 loss of $30.6M, despite a 45% surge in funded loans and 28% revenue growth. Garg, who built Better to revolutionize mortgages with AI and has helped 600K customers access $110B in loans, says this is the right moment for fresh leadership. He’s confident in Lewis to steer the company through its next phase of growth.

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