Key facts
- Vishal Garg has stepped down as CEO of Better Home & Finance Holding Co.
- Daniel Lewis has been appointed interim CEO of Better Home & Finance Holding Co.
- Vishal Garg will remain on the board of directors.
- Daniel Lewis has over 30 years of experience.
- Lewis will focus on efficient mortgage manufacturing and technology.
- The company aims for cost reductions exceeding $45 million annually.
Better Home & Finance Holding Co. announced a leadership change, with founder Vishal Garg stepping down as CEO. Garg will continue his involvement with the company as a member of the board of directors. Taking over as interim CEO is Daniel Lewis, a current board member. Lewis brings over 30 years of experience to the role, with a mandate to enhance the efficiency of mortgage manufacturing and leverage technology for operational improvements. A key objective for Lewis is to implement cost-saving measures expected to exceed $45 million annually. This leadership transition aims to steer the company toward greater efficiency and technological advancement in the competitive mortgage market.