Zenefits is trying to recruit senior managers who could replace CEO David Sacks, less than a year after he took over from embattled co-founder Parker Conrad, according to a person close to the company.
If Mr. Sacks decides to step aside, he could take another role at the company like executive chairman. A company spokeswoman said: “David is leading a process to determine what senior talent the company needs to get to the next level. David has always put the company first, and if there's any change in his role, you will hear that directly from him.”
(Update: In response to this article, Mr. Sacks confirmed on Twitter he is planning to step aside.)
