Lisa Borders
Lisa Borders, President and C.E.O., TIMES UP speaks at the New York Times DealBook conference on November 1, 2018 in New York City. (Photo by Stephanie Keith/Getty Images)

Time’s Up recently appointed president Lisa Borders stunned supporters when she announced Monday that she had resigned as president and CEO of the gender equality initiative.

Borders said in a statement that she is stepping aside “with deep regret” due to family issues but offered no further details, USA Today reports.

Time’s Up COO Rebecca Goldman will now serve as interim CEO while the organization conducts an executive search, according to Variety.

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“As Time’s Up continues to grow, I am proud of the work I have done to shepherd its continued development,” Borders said. “Unfortunately, it is with deep regret that I must resign from Time’s Up to address family concerns that require my singular focus. I appreciate the opportunity to support this mission and I hope my efforts will continue to resonate.”

“With gratitude for her work, Time’s Up accepts and supports Lisa Borders’ decision to resign as president and CEO,” Time’s Up said in a statement. “We know that it is the right decision for Lisa as well as the organization. Our COO, Rebecca Goldman, will serve as interim CEO while we conduct an executive search. We remain steadfast in our mission to create safe, fair, and dignified work for women of all kinds.”

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Time’s Up was formed in January 2018 in response to sexual misconduct allegations in Hollywood towards powerful men such as Harvey Weinstein, Kevin Spacey, and Matt Lauer.

In a previous interview with Vanity Fair, Borders noted that Time’s Up aimed to make the workplace safer for everyone.

“It’s out here for everybody. This is not a club,” she said at the time. “I would just offer the invitation to everyone, right here, right now . . . come join us on this journey.”