Back to Industry News
General
OurCrowd Founder Jon Medved Steps Down as CEO, Appointed Chairman
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Reuters
Photo by Markus Winkler on Unsplash
TL;DR
Jon Medved, who founded OurCrowd in 2012, is stepping down as CEO to become Chairman due to an ALS diagnosis. Cali Chill, previously Chief Investment Officer, is now Acting CEO and COO, handling daily operations, while Medved focuses on global expansion working remotely.
Stay updated on stories like this
Key takeaways
- Effective immediately, Jon Medved, founder of OurCrowd, is transitioning from his role as Chief Executive Officer to Chairman of the Board
- This change follows Mr
- Medved's recent diagnosis of amyotrophic lateral sclerosis (ALS)
Effective immediately, Jon Medved, founder of OurCrowd, is transitioning from his role as Chief Executive Officer to Chairman of the Board. This change follows Mr. Medved's recent diagnosis of amyotrophic lateral sclerosis (ALS). As Chairman, Mr. Medved will concentrate on strategic initiatives, particularly the firm's global expansion, working remotely from his home. He founded the Israeli investment platform in 2012.
Cali Chill has been appointed as Acting CEO and Chief Operating Officer, responsible for overseeing day-to-day operations. Ms. Chill previously held the positions of Chief Investment Officer and Chair of OurCrowd's Investment Committee. Under Mr. Medved’s leadership, OurCrowd's assets under management grew to over $2.6 billion, encompassing a portfolio of more than 500 investments and 73 exits.
Related Topics
OurCrowdJon MedvedCEOChairmanVenture CapitalALSCali Chill
Never miss stories like this
Verified mention available
Free to claim
Is this your company?
Set up real-time alerts and keep your Heartspace News coverage accurate. Verified teams can update profiles, request corrections, and collaborate on future stories.
Set up alerts Takes under 1 minute • Verified manually