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A Week After Business Insider Layoffs, CEO Barbara Peng Is Stepping Down

Summary by The Wrap
Business Insider CEO Barbara Peng will step down from her role next month, she told staff on Wednesday, following a tenure consumed by declining subscriptions and multiple rounds of layoffs. Status first reported her exit. “I will be leaving Business Insider,” Peng told staffers in her note. “This was not an easy decision for me. I love Business Insider. I love being here with you every day, figuring things out, building, and forging the future …

4 Articles

Business outsider: The US news medium "Business Insider" by Axel Springer and CEO Barbara Peng (left) go separate ways. In a message to her team she announces her departure on June 30th and writes: "I am extremely proud of what we have achieved together." Springer CEO Mathias Döpfner calls Peng a "model for positive energy". Interim successor is Christian Baesler (right), who has been Senior Advisor in Springer's US team so far. A permanent succ…

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The Wrap broke the news in United States on Wednesday, May 20, 2026.
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