Sequoia shuffles leadership, Botha takes on bigger role

Sequoia Capital has shuffled its leadership again, with partner Jim Goetz handing his management responsibilities to colleagues Roelof Botha and Alfred Lin, according to multiple news reports.

Botha has been running the U.S. business with Goetz for 10 years, but he now becomes a “Sequoia Steward” and will take on more responsibility for strategy, for team composition, for fundraising, the reports say. Both Botha and Lin will be work under Doug Leone, who oversees global operations alongside Neil Shen, the founder Sequoia Capital China.

The move is the latest of several high-profile leadership transitions at the firm, including the most famous when founder Don Valentine handed the reins to Leone and Michael Moritz.

Goetz is expected to make investments over the next few years, but told investors on Feb. 1 that he plans to reduce his workload so he can pursue personal interests.

Moritz stepped away from his role for health reasons in 2012, but has continued to join portfolio boards on behalf of Sequoia.

Photo of Jim Goetz of Sequoia Capital speaking on stage in San Francisco, California, Sept. 12, 2012, courtesy of Reuters/Stephen Lam