Fab, the e-commerce startup valued at $1 billion, will see its second high-profile departure in two weeks as COO Beth Ferreira is expected leave the company, AllThingsD reports. The news comes a week after cofounder and chief design officer Bradford Shellhammer announced he would be stepping away from his day-to-day responsibilities at the company.
Ferreira has been with Fab since 2011, when she left her position as VP of operations and finance at Etsy to join the rapidly growing e-commerce company.
Fab has not officially confirmed Ferreira is leaving, but a spokesperson says the company will experience "a number of management changes involved as we streamline the organization."
[Image: Flickr user Andreas Overland]