Kurgan: King repeatedly lost newly promoted female executives to competitors
Stephane Kurgan · Stephane Kurgan: Lessons Scaling King from 100 Employees to 2,400; How to Find Great Talent | E1041 · 20VC with Harry Stebbings · Jul 28, 2023 · at 46:35
Stephane Kurgan served as COO at King during its growth from 100 to 2,400 employees. He describes King's difficulties retaining female executives poached by tech competitors.
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“Very often, once you promote them to an executive level, be it VP or CXO, you lose them within weeks, and so it happened to us multiple times where we made that investment over years of, you know, bringing up and developing great female leaders, and then when we, when they got to that leadership level where, you know, we wanted them really to blossom and join the collective leadership and lead the company they would be snatched very quickly, and so we had to start again, and again, hence the Sisyphus analogy.”
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