Ben Silbermann, a founder and chief executive of Pinterest, stepped down from the top job on Tuesday 28 June after more than a decade of running the digital pinboard service and taking it public.
Pinterest did not give a reason for the change. Mr. Silbermann, 39, will become executive chairman. Bill Ready, who has run divisions within PayPal and Google, was appointed Pinterest’s new chief executive.
Mr. Silbermann helped found Pinterest in 2010 and oversaw its growth into a place where 431 million people, mostly women, save and share ideas for shopping, hobbies and recipes. Last year, the company generated $316 million in profit on revenue of $2.6 billion.
Source: www.nytimes.com
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