The CEO of exercise app Strava has announced he is stepping down, after the disastrous rollout of a new price hike - which they did not tell customers about - and the layoff of 15 percent of the company's workforce.Michael Horvath, who in 2009, said he felt the company needed new leadership.Horvath stepped aside in 2014 to care for his wife Anna and their four children, as she was dying of terminal . She passed away in 2017, and he returned as CEO in 2019.
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