Life goes on
Chris Hulls built the ASX-listed tech company Life360, but says COO Lauren Antonoff can run it better. Judging by today’s stock surge, the market is open to the idea.
Last December, Capital Brief asked Life360 co-founder Chris Hulls point-blank whether, after 17 years in the chair, he was considering stepping down as CEO any time soon.
“There could be a day, but I’m here for many years,” Hulls said at the time. “There’s a huge opportunity to be a $100 billion business, and I think I’m the right person to lead that. If I ever felt like I were not needed, that would be one thing. But right now I feel I am.”
So much for that.
Life360, a $8.8 billion company which makes hardware and software to track the locations of friends and family, today announced Hulls will move from chief executive to executive chairman, a role from which he will continue to oversee major projects and product development.
He will be replaced by GoDaddy and Microsoft veteran Lauren Antonoff. Hulls told investors Antonoff had been recruited as COO in 2023 — despite having a CEO offer on the table from another company — under an explicit understanding that the top job could very much be hers.
