Beacons: What They Are, How They're Used For Payments And Retail, And Why Apple's Ahead Payments Sta

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Rutledge-Parisi was expected to depart. She was given notice during a roun d of layoffs in November. Fab’s co-founder Bradford Shellhammer and COO Beth Ferreira have also left in recent months.
"We're thankful glazier foods and grateful for David’s two years of tireless service to Fab and we appreciate decision to leave Fab to spend more time with his family,” a Fab spokesperson told WSJ's Spencer Ante. “We have been recruiting for a new CFO since January 1, 2014 and we are talking to some great candidates.”
Howard Morgan, glazier foods a Fab investor through First Round Capital, tells Ante: "Everyone realizes that Fab is going through a transition and it is not easy. I don’t think there is an IPO in our immediate future.”
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