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    Koala co-CEO leaves the top job after less than a year

    Nick Bonyhady
    Nick BonyhadyTechnology writer
    Updated

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    Online homewares store Koala has lost its co-chief executive after less than a year in the job, setting back its widely discussed hopes to list on the stock exchange.

    Melissa Fahey, an experienced executive who helped shepherd online jobs marketplace Hipages to the ASX as chief financial officer, joined Koala in February. Ms Fahey departed last week.

    clarification

    This article has been updated to clarify that Melissa Fahey joined Koala in February, not November last year. Her appointment was announced in November.

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