Fitness-Tracking Platform Strava Hires Pinterest Exec as CFO
Lily Yang
Lily Yang is the new finance chief at Strava, a conditioning-tracking system wherever people can file their routines and share them with their neighborhood.
Yang was most just lately chief accounting officer at Pinterest, a position she has held due to the fact becoming a member of the social media system in 2017. In 2019, she aided choose Pinterest community and drove performance and profitability initiatives in thirty international locations. Strava has no quick options to go community, the organization said.
Yang beforehand held senior finance roles at drugmaker Gilead Sciences and biopharmaceutical organization Medivation.
“Lily is a established monetary chief, with a depth and breadth of practical experience guiding strategic initiatives at superior-expansion organizations,” said Michael Horvath, Strava’s co-founder and CEO. “Her innovative technique and capability to lead with disciplined execution is priceless in shaping our leadership team for the next period of expansion at Strava.”
In addition to primary the company’s finance and lawful groups, Yang will also lead its continued expansion and organization in over 195 international locations.
Yang replaces Christine Park, who still left the organization at the end of 2020 soon after serving as chief monetary officer for a yr and a fifty percent. Horvath has been serving as interim CFO.
“Strava has achieved a exclusive, superior-expansion instant as a organization and neighborhood. It is an honor to join Strava in constructing the system at the middle of connected conditioning, amplifying the athlete practical experience close to the entire world,” said Yang.
Due to the fact Strava was founded in 2009, the organization said it has lifted about $a hundred and eighty million from investors with its most current funding round in November 2020 when it lifted $a hundred and ten million from Sequoia Cash and TCV.
The organization said it has over ninety two million athletes on its system and is including about two million new people every month but did not disclose the range of subscriptions or its earnings.