Indeed CEO Chris Hyams resigns, hands reins over to former chief Hisayuki Idekoba

In a significant change at the helm of hiring platform Indeed, CEO Chris Hyams announced his resignation on Monday. Hisayuki Idekoba, the CEO of Indeed's parent company Recruit, is set to take back the reins after a six-year hiatus. Hyams will remain involved during the transition as a board adviser for the remainder of the year. Hyams, who joined Indeed in 2010 as the Vice President of Product, reflected on the company's impressive growth, noting that it now serves over 300 million job seekers each month and has seen a staggering 200-fold increase in revenue. He highlighted that, on average, 27 individuals secure jobs through Indeed every minute, amounting to over 75 million people hired since the company began tracking this metric, a figure he believes is likely an undercount. Idekoba expressed deep gratitude for Hyams' leadership, stating that his contributions were crucial in evolving Indeed from a basic job search engine into a comprehensive talent marketplace.