Sandy Speicher, Ideo’s first feminine CEO, is leaving the corporate. Ideo introduced the information in a press launch yesterday.
Ideo—finest recognized for popularizing the notion of “design thinking“—is one of the world’s most renowned design studios, operating nine international offices, and earning more $100 million in annual revenue. Its clients have included Apple, Coca-Cola, and Ford. Speicher has been CEO since 2019 after she took over the role from longtime CEO Tim Brown. She had been at the company since 2004, with the majority of her time spent managing education products.
Under Speicher, Ideo’s pristine reputation has faced scrutiny. The news of her departure comes 11 months after former Ideo employee George Ayewrote a damning essay alleging that Ideo perpetuated a toxic work culture, which disproportionately affected many women and employees of color. Aye described working there as “an interview that never ends.” Ideo additionally drew criticism throughout Speicher’s tenure for posting a tone deaf response to the homicide of George Floyd and the Black Lives Matter motion.
While Ideo searches for the “right leadership to take us forward,” Ideo’s Chief Creative Officer Paul Bennett and Tim Brown, who has been serving as govt chair, shall be co-CEOs.
In the press launch, Brown praised Speicher’s work on the Innova Schools challenge to carry training to tens of 1000’s of Peru’s center class, alongside together with her efforts to lower Ideo’s environmental influence by turning it right into a web zero firm. “Sandy will always be a valued member of the Ideo family and we will always treasure her as such,” he wrote.