Particle.news

Download on the App Store

Flexport founder reclaims CEO role as Amazon exec's abrupt exit roils logistics startup

  • Dave Clark resigned as Flexport CEO after just one year, with founder Ryan Petersen taking over.
  • Clark's hiring aimed to expand Flexport, but Petersen wanted focus on core freight business.
  • Petersen criticized Clark's hiring and spending, canceling dozens of open roles.
  • Clark was surprised at his sudden ouster and is exploring a run for Texas governor.
  • Key executives hired by Clark were also let go in leadership shake-up at the startup.
Hero image