Matt Taylor, founder of Tracksmith, has left the company and its board. Taylor, who started Tracksmith in 2014, was its chief executive until January. The circumstances of his departure are unclear.

Tracksmith confirmed Taylor's exit in a statement, emphasizing the company's commitment to its core values and vision. The company plans to expand its footwear offerings and support women's running. Read more culture coverage.

Taylor's departure follows other changes, including the exit of product chief Matt Pauk and the closure of Tracksmith's London store. Despite these changes, Tracksmith asserts it remains financially stable. Related: Harry Styles' Marathon Plans Remain Uncertain Ahead of NYC Marathon.

This original Runner World brief is based on reporting from Marathon Handbook. Visit the source for its complete reporting, context and any later corrections.