Aarti Shah 03 Dec 2019 // 2:07AM GMT
SAN FRANCISCO — Kleiner Perkins CMO Amanda Duckworth is stepping down from her role after more than three years with the high-profile venture capital fund.
Duckworth joined Kleiner Perkins in August 2016 as the fund's first CMO. She will transition her responsibilities before the year's end. Kleiner Perkins does not plan to immediately replace the CMO role.
In a statement to the Holmes Report, Duckworth said departing was "not an easy decision but Kleiner was a different firm when I joined in 2016 with a more complex set of needs. Today it is in calmer waters and I realized the time was right for me to move on to pursue new challenges where my skills and experience can be fully utilized."
When Duckworth joined the venture capital powerhouse, it was on the back of a highly-publicized legal battle with former partner Ellen Pao who sued the firm for sexual harassment and discrimination. (The case was decided in favor of Kleiner Perkins.) The firm is known for its investments in today's largest technology players.
Duckworth joined Kleiner Perkins after nearly a decade at Brunswick. Prior to that, she held marketing leadership positions at several professional services firms. Earlier in her career, she spent more than a decade at Edelman. She was recently featured on our roundtable focused on high-growth companies.
She declined to comment on her next move.