Boardroom crisis for Hailo as taxi app names third boss in four monthsComments Off on Boardroom crisis for Hailo as taxi app names third boss in four months
Carphone Warehouse’s former chief operating officer Andrew Pinnington is taking the helm at the start-up, replacing former Starbuck’s executive Tom Barr who took charge of the business in October.
Hailo said Barr “was finding it increasingly difficult to fulfil his obligations to a young family while managing London-based Hailo”.
Barr decided not to move from his home in America when he took the role due to family commitments and instead commuted from the US.
Barr himself replaced Jay Bregman, one of the company’s co-founders, who left at the same time as Hailo announced it was pulling out of the US due to a “price war” between Uber and Lyft.
Ron Zeghibe, Executive Chairman and Co-Founder of Hailo, said: “Andrew brings the perfect skill set to help us drive Hailo through the next stages of our international growth and development.
“He understands e-commerce, has great experience of managing a multi-national business through a period of rapid growth and has operated in both large corporates and start-ups. He is a welcome addition to our team and I look forward to working with him.”
Pinnington spent 12 years at Carphone Warehouse, leaving in 2011.
He said: “I am excited to join Hailo and to lead the company as it builds on its success. As a long-term user of the product, I look forward to working with the team to continue driving the company’s growth strategy in the European and Asian markets, where Hailo has a strong point of differentiation against its peers.”
Despite the management shake-up and withdrawal from the US, Hailo said today that its last quarter was its strongest ever for sales.
The company, which is backed by Sir Richard Branson and Facebook investor Accel Partners, operates in 10 cities around the world.
Hailo was founded in 2011 as an app for booking black cabs but has branched out into other private hire vehicles amid pressure from rival apps, a move that angered many black cab drivers.