HomeFitnessHealth agency Strava names Pinterest CEO as CFO

Health agency Strava names Pinterest CEO as CFO


Health startup Strava Inc. employed Pinterest Inc.

CEO as the brand new CFO as the corporate works to increase its subscriber base and worldwide operations.

San Francisco-based Strava, whose social media app permits customers to document bodily actions and share them with others, mentioned Wednesday that Lily Younger had joined the CFO position on Monday. Ms. Yang labored till final week as chief accountant for picture sharing platform Pinterest, a place she has held since becoming a member of the corporate in 2017.

Lily Younger, Chief Monetary Officer of Strava.


Photograph:

Lily yang

Strava, a privately held firm, mentioned it has raised roughly $ 180 million from traders since its founding in 2009. The newest spherical of funding got here in November 2020 when the corporate raised $ 110 million from Sequoia Capital and TCV, a rising investor that focuses on client know-how firms.

Strava mentioned it will get about 2 million new customers per 30 days, however declined to reveal its earnings or complete subscriptions. The corporate mentioned it is usually increasing its workforce by including 100 web new jobs final 12 months, bringing the entire headcount to over 300.

Ms. Yang succeeded Christine Park, who left Strava in December 2020 after a couple of 12 months and a half in that position. Michael Horvath, co-founder and CEO of Strava, served as interim CFO. The corporate declined to touch upon why Ms. Park left.

Ms. Younger, who heads Strava’s finance and authorized division, can be anticipated to assist increase her operations in Europe and Asia and strengthen partnerships with firms, Mr. Horvath mentioned.

“Lily becoming a member of the corporate is only one a part of what Strava will assist to achieve the eye of a worldwide viewers,” mentioned Mr. Horvat. “She has proven her skill to assume strategically and we strongly believed in her skill to contribute to our development.”

Ms. Yang helped make Pinterest public in 2019 and helped develop in additional nations. Strava, in the meantime, has no plans to submit anytime quickly, Horvath mentioned.

Previous to Pinterest, Ms. Yang held management roles in finance on the pharmaceutical firm Gilead Sciences. Inc.

and Medivation Inc., a biopharmaceutical firm acquired by Pfizer Inc.

in 2016.

At Strava, Ms. Yang is contemplating increasing her investor relations, tax, treasury, and inner audit features as wanted. “There are at all times alternatives to create some infrastructure and a few self-discipline,” she mentioned.

Write to Mark Maurer, [email protected]

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