Airbnb Chief Financial Officer Dave Stephenson will shift into a recently produced chief organization officer function at the business.
Airbnb Chief Financial Officer Dave Stephenson, who assisted assist the business through Covid-19 tumult and a going public, will shift into a recently produced chief organization officer function, Airbnb CEO Brian Chesky stated in a Tuesday note to staff members seen by CNBC.
Stephenson’s brand-new position works January 2024, the business stated. Airbnb’s vice president of financing Ellie Mertz will change Stephenson as CFO. Mertz’s shift will happen following Airbnb’s quarterly revenues contact February.
Chesky stated Stephenson’s brand-new function would likewise mark an “inflection point” for Airbnb, where business would start to concentrate on development throughout existing and brand-new services.
“As we expand beyond our core, it will be paramount to have an executive dedicated to our long-term growth plans, and there’s nobody better than Dave to do this,” Chesky composed in the letter.
“As Chief Business Officer, Dave will be across all aspects of our strategy to expand beyond the core,” Chesky composed. “This includes driving international expansion, growing global host supply (across existing and new businesses), and leading all business and corporate development activities at Airbnb.”
Stephenson has actually been with the business given that2018 Before signing up with Airbnb, Stephenson was financing chief at Amazon’s Worldwide Consumer system. Stephenson serves on the board ofLyft Mertz serves on the boards of DoorDash and wholesale market Faire.
Chesky likewise stated that Catherine Powell, a longtime Airbnb executive who formerly held numerous functions at Disney, would at first move into an advisory function before leaving Airbnb “later next year.”
Airbnb was established in 2007 by Chesky, Nathan Blecharczyk and Joe Gebbia.
— CNBC’s Laura Batchelor added to this report.
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