Foursquare's CEO Is Stepping Down at the End of the Year

David Shim will be replaced by The Raine Group's Gary Little


Foursquare said this week that David Shim is stepping down as CEO, effective Jan. 1.

Shim will be replaced by Gary Little, managing director and head of technology at global merchant bank The Raine Group and a Foursquare board member. In a Medium post explaining his decision, Shim said he is leaving to return to his “entrepreneurial roots.”

Before joining Foursquare in June 2019 as president, Shim was CEO of Placed, a location data provider that he founded in 2011.

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