Lisa Borders resigns as Time’s Up president

Lisa Borders says she has resigned as president and CEO of Time’s Up, the gender equality initiative formed last year in response to sexual misconduct allegations in Hollywood.

Borders says in statement Monday that she is stepping aside “with deep regret” due to family issues. She didn’t elaborate.

Chief Operating Officer Rebecca Goldman will serve as interim CEO while the organisation conducts an executive search.

Borders, former president of the WNBA, was named head of Time’s Up last year.