Life360 cofounder Chris Hulls is resigning in his own unfiltered way after 20 years—and he isn’t sanitizing the reason the $9 billion location-tracking company has appointed chief operating officer Lauren Antonoff as his replacement.
“I disdain corporate speak and owe more than the standard ‘I want to spend more time with my family and Lauren is a great visionary product-centric strategic operator,’” wrote Hulls in a sign-off blog post. “Comms wrote me a draft. Legal wanted to chime in too. A lot of people had advice on what to say. But I ignored it and decided to share my own thoughts without talking points or filters, in this single message to anyone who wants to read it.”
According to Hulls, he’s burned out.
“After nearly two decades of being the last line of defense, I feel it more than I used to,” wrote Hulls. “There are parts of the CEO role I love that fuel me, and parts that drain me. When I’m running on empty, everything suffers.”
Hulls wrote that he told the board two years ago when he turned 40 he wanted to transition out of the CEO position before he turned 45, and when the company and the senior leadership team were ready for it. Hulls is stepping aside now to serve as executive chairman because the CEO role should be held by someone who is “all in on every aspect of it, every single day, and that’s Lauren,” he wrote. Hulls said his brain isn’t wired for cleaned-up messages and superlatives common in CEO communications.
“I’ve never overhyped or played into the Silicon Valley kool-aid drinking tech bro stereotypes,” wrote Hulls.
Antonoff’s appointment took effect this week.
Record-High Turnover in the Corner Office
The CEO transition triggered at Life360 comes as corner-office turnover is smashing new records for frequency. Data from executive recruitment firm Challenger, Gray & Christmas found CEO exits at U.S. companies rose 12% during the first half the year with 1,234 CEOs leaving their jobs behind. The latter is a 12% increase over last year and the highest year-to-date number since Challenger began tracking CEO departures at public, private and non-profit companies in 2002.
Among tech firms, 138 CEOs left their roles through June 2025, a 16% increase over 2024. Challenger attributed the rise in CEOs heading for the hills to uncertainty, seismic shifts in tech, and mounting pressure on traditional leadership structures. The firm found one-third of new CEOs were interim appointments rather than full-fledged, succession-vetted replacements.
Overall, some 47% of CEO replacements came from outside the company while internal appointments, like Antonoff’s at Life360, occurred 53% of the time. Only 25% of new CEO appointments in 2025 so far are women.
Future Plans
Antonoff has served as chief operating officer at Life360 since May 2023 and previously held senior positions at GoDaddy and Microsoft. As CEO, Antonoff will collect a $515,000 salary and a target bonus of the same amount. Life360 also granted her one-time promotion equity grants valued at a total of $8.4 million and split among restricted-stock units and performance-based stock units. She also got another performance-share grant valued at $3.6 million.
Courtesy of Life360
Hulls said he and Antonoff are completely aligned when it comes to Life360 users and long-term vision, but in other ways the two are “polar opposites.”
“The challenges that wear me down at this scale are exactly the ones that fire her up,” Hulls wrote. “She’s fresh, relentless, and loves the work. I can call her at midnight to talk Life360, and she’s not just available, she’s energized.”
Over the past year, Hulls and Antonoff have been testing out a setup in which Hulls served as exec chair with Antonoff steadily taking on more and more responsibility for the day-to-day operations of the company, he wrote. Hulls and Antonoff found the two “click in a way that makes product work a joy.”
“We spar, challenge each other, and sharpen ideas, and we have a lot of fun doing it,” Hulls wrote. “I hope one day we can be like Jeff Weiner and Reid Hoffman at LinkedIn, one of those leadership duos people point to as a model for how to scale and evolve a company. Much of what’s launched this year, and what’s still to come, has her fingerprints all over it.”
The Life360 board will also undergo a small shakeup with the Antonoff appointment. John Philip Coghlan, who served as chairman of the board for 16 years, will continue on as a director while Hulls serves as executive chair. The board appointed Mark Goines as lead independent director to counterbalance the new structure. Goines has served as a board member since 2019.
In a statement, Antonoff thanked Hulls.
“Chris has been an amazing partner, and I’m thankful to him and the Board for the trust and confidence they have placed in me. I’m energized and honored to lead the company forward, staying grounded in our mission and focused on delighting our members with products that deliver real peace of mind.”
Hulls said he’ll be there if Antonoff needs her.
“If she ever needs a pit-fighter, I’ll be here to tussle—whether that’s taking on patent trolls, bottom-feeding class action lawyers, causing trouble on TikTok, or injecting a little crazy in a way only a founder can,” wrote Hulls.
