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Unlockd CEO Matt Berriman steps down following mental health issues

Matt Berriman, the CEO of Australian start-up Unlockd, has stepped down after revealing he is suffering from mental health issues.

Unlockd’s chief operating officer Jane Martino has been annouced as the company’s new CEO, while Berriman will take on an executive director role.

In an open letter on Medium titled “OPEN LETTER: My mental health battle & why I’m stepping aside as CEO of Unlockd“, Berriman detailed how he struggled to balance the onset of bi-polar disorder while trying to run the company.

“I began to experience symptoms, which I attributed for far too long to stress, lack of sleep and the start-up roller-coaster,” he wrote. “What I did not know at the time was I was fighting a battle with bi-polar disorder.”

Berriman has also been an advisor and investor in Jules Lund’s influencer marketing business, Tribe, since February 2015.

Martino was SVP global operations from 2016 until mid-last year, when she stepped up to COO.

She was Berriman’s “first investor” and “key advisor”, and has “effectively been playing [the role of CEO] for some time now behind the scenes as I continued balancing my own personal health challenges with being the founder and CEO,” Berriman explained.

“The success of the business is significantly attributable to her operational control, and in addition to the qualities she exhibits as a person leave me in total confidence and faith of her succeeding me as CEO. I will work closely with her in my new role to continue to drive the business and its success well into the future.”

Unlockd is an ad-funding platform that shows users ads when they unlock their phones, which are displayed in exchange for discounts on services.

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