Close up detail of a multi-coloured soap film, taken on March 8, 2011. (Photo by Joby Sessions/Digital Camera Magazine/Future via Getty Images)
Marketing startup Iterable dismissed its chief executive officer over violations of company policy, Iterable said in a note to employees on Monday.
The fired CEO, Justin Zhu, said the board’s chief reason for ousting him was that he took LSD, an illegal drug in the U.S., before a meeting in 2019. Zhu told Bloomberg he was experimenting by taking a limited amount of the drug, or microdosing, in an effort to boost his focus.
In an email to staff, co-founder Andrew Boni said Zhu’s dismissal was over unspecified violations of "Iterable’s Employee Handbook, policies and values." The board replaced Zhu with Boni as CEO, Boni wrote. A spokeswoman for the San Francisco-based company didn’t immediately provide a comment.