When Reputation.com began searching for a new CEO, our sources claim that Joe Fuca aggressively pushed for the position. At the time, Michael Fertik – executive chairman, former CEO, and founder of Reputation.com – acted as interim CEO of the company, but he had no desire to keep the position for the long-term. After negotiations were settled Joe Fuca stepped into the role.
Allegations of financial mismanagement
After stepping into his new position, our sources claim that Joe Fuca began mishandling large sums of money. Under Mr. Fuca, Reputation.com’s annual sales kick-off allegedly cost the company $500,000. In comparison, it’s claimed that Shrey Bhatia kept costs to around $60,000.
Further allegations claim Joe Fuca spent company money on resort style hotels, first class flights, and private drivers. Furthermore, sources allege that within the first 30 days of coming onboard, Mr. Fuca hired more than 30 of his former coworkers who were allegedly paid higher salaries than the standard pay scale for long standing employees.
