Key Takeaways:
- Dibbo brings a decade of finance experience from Amazon’s entertainment, advertising, and consumer businesses.
- He takes over the role from outgoing CFO Julia Donnelly.
- Chief executive Bill Ready praised Dibbo’s experience and leadership.
Pinterest appoints James Dibbo as CFO, effective October 26, as the Amazon executive prepares to lead the company’s financial strategy.He will succeed Julia Donnelly and help lead the company’s financial plans as Pinterest looks to grow.
Pinterest appoints James dibbo as CFO
Pinterest appoints James Dibbo as CFO, bringing an experienced Amazon finance executive into its senior leadership team. The executive brings years of finance experience from Amazon, where he held senior roles across several major business areas.
Dibbo’s appointment will take effect on October 26. Pinterest expects his experience in finance, advertising, and consumer businesses to help the company improve its financial performance.
The leadership change comes as Pinterest competes with other digital platforms for advertising spending. The company hopes Dibbo’s experience will help it grow its advertising business and compete more effectively.
Executive background includes major roles at Amazon
During his decade at Amazon, the 56-year-old Dibbo managed finances for major entertainment and advertising businesses. He also served as chief financial officer for global consumer businesses.
Pinterest CEO Bill Ready praised Dibbo in the company’s announcement, pointing to his broad experience and strong record of running business operations.
Dibbo also has experience in digital advertising and consumer shopping, areas that are closely linked to Pinterest’s business. His background is expected to help the company maintain steady operations as its leadership changes.
Transition plan outlines Julia donnelly’s departure
Dibbo will succeed Julia Donnelly, who announced her departure from Pinterest in August. Donnelly plans to leave the company for a new role at a private firm.
She will remain at Pinterest through October 30 in an advisory role to help with the transition and complete ongoing work.
Pinterest serves millions of active users worldwide and continues to focus on growing its advertising business. Dibbo will take on the financial leadership role as the company works toward its longer-term growth plans.
