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Friday, January 15, 2016

Foursquare: In A New Era

Foursquare announced a major shakeup Thursday. Co-founder Dennis Crowley is stepping down as CEO to become its executive chairman. Replacing him in the top job is Chief Operating Officer Jeff Glueck. Steven Rosenblatt, a four-year veteran of the New York-based company, will become its president.

Taken from Foursquare Blog Post:
Today is an important day for Foursquare, as we are announcing exciting news about our company and our strategy going forward.

Our co-founder Dennis Crowley, whom many of you know personally if not by name, is stepping into a new role as executive chairman—a full-time position that’ll give him the professional freedom to do all the visionary thinking, creative brainstorming, new product launching and (of course) nonstop tweeting with you, his friends and followers and our valued community of Foursquare and Swarm app users.

Dennis has tapped Jeff Glueck, who has served as COO for the past year, as our new CEO, in recognition of how Jeff has grown and scaled several businesses in the past and is ready to do the same for Foursquare. Dennis also asked four-year Foursquare veteran Steven Rosenblatt to serve as President, overseeing revenue and the business-to-business offerings that have become such a critical part of our company makeup.

Taken from Dennis Crowley's Medium Post:
Meanwhile, I will be stepping up into the role of Executive Chairman. This new role will allow me to focus full-time on vision and innovation, long-term strategy and creating new consumer products. If this sounds more like my job from 2010 than my job from 2015… well, that’s the point.

Taken from Jeff Glueck's Medium Post:
We are now a fast-growing location intelligence company, making consumer experiences richer and informing business solutions.

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