Ready, 42, is also worked for years at payments company PayPal. He joins Pinterest after spending the past two years leading commerce and payments at Alphabet Inc.’s Google. Ready’s appointment plays into that goal.

The service has also worked in recent years to build a bigger e-commerce business in order to help advertisers and retailers sell products directly on the service. The changes mark the end of Silbermann’s decadelong run as CEO, during which Pinterest grew to more than 430 million users - known as Pinners - and annual revenue of more than $2.5 billion. Ready will also join the company’s board. Silbermann, 39, will move to a newly created role as executive chairman and will retain his board seat, the San Francisco-based search-and-discovery platform said Tuesday in a statement. JPMorgan’s Aronov Ignores the ‘Cash Is Trash’ Chorus: Q&A JPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian Cut Long, Moderate and Painful: What Next US Recession May Look Like US Court Ruling May Take 70,000 Truckers Off Road, Spur Jams veteran Bill Ready in a sign the social-media company will focus more on e-commerce.īezos Slams Biden Over Call for Lowering of Gas Prices co-founder and Chief Executive Officer Ben Silbermann is handing the reins to Google and PayPal Inc.

Pinterest sign in google