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Market
Change in Guaranteed Rate's leadership team by end of 2024
5
Resolution / Starting Odds
CEO change • 33%
COO change • 33%
No change • 34%
Company press release, SEC filings, major news outlets
Story
Guaranteed Rate, White Sox Ballpark Sponsor, Faces Allegations of Toxic Workplace
Jun 15, 2024, 03:50 PM
Guaranteed Rate, a Chicago-based mortgage company, is facing allegations of a toxic workplace environment. Ex-employees have reported persistent verbal abuse and a misogynistic, 'sex-driven' culture at the firm. These claims were detailed in an investigation by the Chicago Tribune, which included accounts from several former staff members. The company's CEO, Victor Ciardelli, has previously presented himself as a proponent of a positive workplace environment, contrasting sharply with the allegations brought forth. The company's name is also associated with the White Sox ballpark.
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