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Everything but the House: Why did fast-growing Cincy startup change CEOs?

Former Zipcar CEO aims for 'next level'
Posted at 3:35 PM, Mar 29, 2018
and last updated 2018-03-29 15:35:12-04

CINCINNATI -- One of Cincinnati’s fastest-growing startups has swapped out CEOs.

Everything but the House hired former Zipcar CEO Scott Griffith to replace Andy Nielsen, who led the online auction company through three rounds of startup financing that raised more than $80 million.

Those three financing rounds helped EBTH grow its employment tenfold to roughly 1,000. The change was presented as a step toward accelerating the company’s growth.

"EBTH is on the cusp of transforming an industry and I’m thrilled to be a part of it,” Griffith said in a press release. “I’m looking forward to taking EBTH to the next level at a time when the product-market fit is largely proven for both sellers and buyers.”

Nielsen will remain with the company in a new position focused on “branded content,” according to the press release.

Spokeswoman Brittany Sykes said Griffith will be a Cincinnati-based CEO who commutes from Boston. The company declined to make Griffith or Nielsen available for interviews.

Nielsen said in the press release that he will continue to serve on the company’s board of directors.

“I’m incredibly proud of the team we’ve assembled during my time and watching it grow as one of Cincinnati’s leading startups,” Nielsen said. “As EBTH moves into the next phase of growth, I’m ecstatic to put a heavy focus on building EBTH’s branded content while also continuing to be a part of EBTH’s board of directors and working alongside Scott to take the company to full potential in the coming years.”