Vishal Garg steps down at Better, board names Daniel Lewis interim CEO

Better Home & Finance Holding Co. has appointed board member Daniel Lewis as interim CEO effective immediately, replacing founder Vishal Garg, the company announced Monday. Garg will remain on the company’s board and work with Lewis to ensure an orderly leadership transition. As interim CEO, Lewis will manage the organization, execute the board-approved operating plan and set the company’s strategic direction. He brings more than 30 years of operating, investment and governance experience. From 2018 to 2023, Lewis served as CEO of Ascend Fundraising Solutions, a Toronto-based software company. Before that, he worked for Citigroup and founded Orange Capital LLC. “Under Vishal’s leadership, Better built Tinman and established Betsy, bringing automation to a process that had not changed in decades,” Harit Talwar, chairman of the board, said in a statement. Garg said Better is at an “important inflection point” and that now is the right time for new leadership. He noted that in the past 10 years, the company has helped more than 600,000 customers buy or refinance homes, with more than $110 billion in loan volume. “I remain Better’s founder, a board director, its single largest voti...