Ryan Breslow is once again the CEO of Bolt, the fintech company told TechCrunch on Wednesday. Bolt shared a communication that recently went out to investors in which Breslow wrote that “following a challenging few years,” he had been reinstated as Bolt’s CEO with “unanimous approval” of the board of the one-click checkout company. Justin […] © 2024 TechCrunch. All rights reserved. For personal use only.
Ryan Breslow has returned as CEO of fintech company Bolt, following a period of controversy and legal battles. Breslow was reinstated with the unanimous approval of Bolt's board, after stepping down in early 2022 amid allegations of misleading investors and inflating metrics during fundraising. Justin Grooms, who served as interim CEO since March 2023, has been named president of the company. Breslow expressed gratitude to employees and investors, while Bolt declined to comment on recent fundraising efforts.
