Complex sentence: At the same time Vacatia announced its Series A funding, it announced substantial management team changes, the most prominent being the promotion of co-founder Caroline Shin from COO to CEO, as co-founder and former CEO Keith Cox was named Chairman.
Split into simpler sentences: At the same time Vacatia announced its Series A funding, it announced substantial management team changes. Co-founder Caroline Shin was promoted from COO to CEO, as co-founder and former CEO Keith Cox was named Chairman.