Lily Younger is the brand new CFO of Strava, a health monitoring platform the place customers can report their actions and share them with their neighborhood.
Younger has just lately been Chief Accountant at Pinterest and has held this place since becoming a member of the social media platform in 2017. In 2019, she helped make Pinterest public and promoted effectivity and profitability initiatives in 30 international locations. The corporate stated that Strava has no plans to go public anytime quickly.
Beforehand, Yang held govt positions in finance at pharmaceutical firm Gilead Sciences and biopharmaceutical firm Medivation.
“Lily is a confirmed finance chief with in depth expertise main strategic initiatives in high-growth corporations,” stated Michael Horvat, co-founder and CEO of Strava. “Her progressive strategy and talent to guide with disciplined execution are invaluable in shaping our management workforce for the following period of progress at Strava.”
Along with main the corporate’s finance and authorized division, Yang can even lead its continued progress and enterprise in additional than 195 international locations.
Ian replaces Christine Park, who left the corporate on the finish of 2020 after serving as CFO for a 12 months and a half. Horvath was interim CFO.
“Strava has reached a novel second of fast progress as an organization and a neighborhood. I’m honored to be becoming a member of Strava in constructing a platform at a networked health heart that empowers athletes world wide, ”Yang stated.
Since founding Strava in 2009, the corporate has stated it has raised practically $ 180 million from traders with its final spherical of funding in November 2020, when it raised $ 110 million from Sequoia Capital and TCV.
The corporate stated it has over 92 million athletes on its platform and provides about two million new customers every month, however didn’t disclose subscriptions or income.