March 28, 2024

Diabetestracker

Passion For Business

Fitness-Tracking Platform Strava Hires Pinterest Exec as CFO

Lily Yang

Lily Yang is the new finance chief at Strava, a health and fitness-tracking system where consumers can history their actions and share them with their neighborhood.

Yang was most recently chief accounting officer at Pinterest, a function she has held since becoming a member of the social media system in 2017. In 2019, she assisted consider Pinterest general public and drove overall performance and profitability initiatives in 30 international locations. Strava has no rapid strategies to go general public, the company claimed. 

Yang previously held senior finance roles at drugmaker Gilead Sciences and biopharmaceutical company Medivation. 

“Lily is a proven financial leader, with a depth and breadth of working experience guiding strategic initiatives at significant-growth providers,” claimed Michael Horvath, Strava’s co-founder and CEO. “Her impressive solution and means to lead with disciplined execution is a must have in shaping our leadership team for the upcoming period of growth at Strava.”

In addition to main the company’s finance and authorized groups, Yang will also lead its ongoing growth and small business in around 195 international locations.

Yang replaces Christine Park, who still left the company at the close of 2020 immediately after serving as chief financial officer for a year and a half. Horvath has been serving as interim CFO. 

“Strava has achieved a special, significant-growth instant as a company and neighborhood. It’s an honor to sign up for Strava in creating the system at the heart of connected health and fitness, amplifying the athlete working experience all around the globe,” claimed Yang.

Given that Strava was founded in 2009, the company claimed it has raised about $180 million from investors with its most new funding spherical in November 2020 when it raised $one hundred ten million from Sequoia Cash and TCV. 

The company claimed it has around ninety two million athletes on its system and is including about two million new consumers each individual thirty day period but did not disclose the quantity of subscriptions or its earnings. 

CFO, Pinterest, Strava