Pinterest’s chief financial officer is leaving for a private, early-stage company, and investors reacted quickly. Julia Donnelly will step down on October 30, Reuters reported, with the company’s shares falling as much as 3.8% in after-hours trading on Friday.
Donnelly joined Pinterest in 2023 from Wayfair, where she was global head of finance, and has been the company’s CFO for roughly three years. Pinterest has started an external search for a permanent successor, while Vikram Naidu will take over as principal financial officer on an interim basis from the same date.
Naidu, 40, has been Pinterest’s vice president of finance and business operations since March 2024. Before joining the company, he worked at Verkada and Lyft, where he led financial planning and analysis.
The 8-K records that Donnelly’s departure was not the result of any disagreement with Pinterest over the company’s operations, policies, or practices. That is standard language in an executive departure filing, but it matters here because the filing gives no indication of a dispute or internal conflict behind the move.
Bill Ready, Pinterest’s chief executive, credited Donnelly with helping the company deliver eleven consecutive quarters of double-digit revenue growth. She will remain through October to support what Pinterest describes as an orderly transition.
