The CEO of Pact Coffee has stepped aside

November 20, 2017
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Stephen Rapoport, the founder of London coffee startup Pact Coffee has stepped aside as CEO, TechCrunch reports.

He will be replaced by managing director Paul Turton but remain on as a “very active” chairman, according to the report.

Rapoport founded Pact Coffee in 2012 and the company has been backed with over £5 million from investors like MMC Ventures and Robin Klein.

Pact Coffee tried and failed to raise £1 million through a crowdfunding campaign on Crowdcube last March and cut 16 jobs as a result. When it announced the crowdfunding campaign, it said it …read more

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