Jason Knight stepped down from his role as the CEO of Wesabe yesterday in order to devote his full attention to a medical situation in his family. Chairman and co-founder Marc Hedlund, who previously served as the company’s chief product officer, will assume the role of CEO, effective immediately. Jason described his decision this way.
Last month, my family welcomed the birth of our second child. He was diagnosed with a respiratory condition that requires ongoing medical attention and care. The past several years with Wesabe have been the most exciting and rewarding of my career, but clearly, during this time, I need to focus my full attention on my family. Marc has been the visionary behind the Wesabe product, and I have every confidence in his ability to continue to lead the company on the growth path we set together.
We are sorry to lose Jason, but we respect his decision, wish him the best of luck, and hope for his son's speedy recovery.