Pinterest is set to change its financial leadership, appointing Amazon executive James Dibbo as chief financial officer from 26 October.
Dibbo, 56, will succeed Julia Donnelly at Pinterest. During his time at Amazon, he has led finance for several major businesses, including Ads, Prime Video and Amazon MGM Studios.
Pinterest shares fell about 1% in extended trading following the announcement.
“James has led complex global businesses at scale, helped build high-performing teams and understands the intersection of consumer experience, shopping, advertising and technology,” Pinterest CEO Bill Ready said.
They announced in August that Donnelly would leave the company on 30 October. She joined Pinterest in 2023 and is departing to pursue a new opportunity at a private, early-stage company.
The leadership change comes as Pinterest operates in an increasingly competitive digital advertising market. The image-sharing platform had forecast slower revenue growth for the 3rd quarter, while competing against larger platforms such as Meta’s Instagram and Facebook.
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