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Better.com Shareholders Oust Five Directors, Remove Daniel Lewis

By Drooid · Sep 30, 2026, 11:43 PM UTC · How we work

Summary

Story summary

Vishal Garg obtained written consents from shareholders holding over 51% of Better.com voting power to remove five directors.
The same shareholder group also sought removal of interim CEO Daniel Lewis from Better.com's board.
Garg announced he will serve as Better's head of product, platform and innovation rather than resume the CEO role.
The group plans to appoint an outside interim CEO with mortgage-industry experience.
Better.com's stock rose to $12.25 per share after the shareholder victory, while its market value sits near $200-$230 million.

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Story summary

Vishal Garg obtained written consents from shareholders holding over 51% of Better.com voting power to remove five directors.
The same shareholder group also sought removal of interim CEO Daniel Lewis from Better.com's board.
Garg announced he will serve as Better's head of product, platform and innovation rather than resume the CEO role.
The group plans to appoint an outside interim CEO with mortgage-industry experience.
Better.com's stock rose to $12.25 per share after the shareholder victory, while its market value sits near $200-$230 million.