Afiniti CEO steps down after 13 years

Chief Executive Officer Zia Chishti, who has led Afiniti for 13 years, is stepping down from the company and will serve as an adviser to the organization until it launches a search for a…

Afiniti CEO steps down after 13 years

Chief Executive Officer Zia Chishti, who has led Afiniti for 13 years, is stepping down from the company and will serve as an adviser to the organization until it launches a search for a new CEO. Chishti’s departure follows recent internal changes at the organization, including the resignation of the previous CEO, Scott Goodstein, last year.

During Chishti’s tenure, the company raised $200 million in venture capital, was acquired by Beazer Homes, and became a “must-do” brand for startups seeking to find legal advice, according to Forrester Research. At a broader level, Afiniti saw a big spike in usage by companies seeking outside counsel, about four times what it had been historically.

In his farewell letter to staff, Chishti explains his reasons for stepping down. “I want to thank everyone, and to all of you who worked with me over the past 13 years, I am grateful for the opportunity to have been the CEO of the company,” he wrote. “And I am deeply grateful to the men and women at Afiniti who have made it into the world’s most popular legal and corporate advice platform. While we are not yet to our next big breakthrough, I have no doubt that the team has the DNA, knowledge, and talent to do it in the next 5 to 10 years.”

Read the full letter here.

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