Daily Management Review

Brougher Becomes The First C.O.O Of Pinterest With Nearing IPO


02/28/2018


Maturing Pinterest hires its chief operational officer to manage its global operation as it nears its IPO.



Pinterest, an image-based “searching and sharing website”, revealed that on Tuesday, February 27, 2018, the company has hired Francoise Brougher as its C.O.O.
 
Brougher formerly held an executive post in Alphabet Inc, while at Pinterest, she will take up the responsibility of operation supervising on a global scale, whereby leading to “its sales”. The new C.O.O to effectively take up her responsibility from March 12, 2018 and will base herself out of the company’s headquarters at San Francisco under the guidance of C.E.O Ben Silbermann.
 
Nearing an IPO, Pinterest’s first C.O.O. appointment is a proof of the company’s growing maturity. According to Reuters information:
“Pinterest has more than 200 million monthly active users worldwide collecting and pinning photos related to cooking, designing, travel and other interests on its website.
“More than half of Pinterest users are from outside the United States”.
 
The market value of Pinterest is over “$12 billion”, while companies like “Andreessen Horowitz, Fidelity Investments and Goldman Sachs among others” provide their backing to the company.
 
References:
reuters.com