Airbnb CFO to go to new part with focus on advancement, Brian Chesky states

Airbnb Main Economical Officer Dave Stephenson, who served information the corporation by Covid-19 tumult and an initial public offering, will changeover into a newly developed main company officer job, Airbnb CEO Brian Chesky explained in a Tuesday note to workers considered by CNBC.

Stephenson’s new situation is productive January 2024, the enterprise said. Airbnb’s vice president of finance Ellie Mertz will change Stephenson as CFO. Mertz’s changeover will manifest pursuing Airbnb’s quarterly earnings simply call in February.

Chesky mentioned Stephenson’s new job would also mark an “inflection position” for Airbnb, exactly where the organization would start to focus on growth across existing and new enterprises.

“As we expand beyond our main, it will be paramount to have an govt focused to our lengthy-expression progress plans, and there’s nobody greater than Dave to do this,” Chesky wrote in the letter.

“As Main Small business Officer, Dave will be across all elements of our approach to increase over and above the main,” Chesky wrote. “This features driving intercontinental growth, developing world-wide host supply (throughout current and new companies), and main all enterprise and company improvement activities at Airbnb.”

Stephenson has been with the corporation considering that 2018. Before signing up for Airbnb, Stephenson was finance chief at Amazon’s Globally Buyer device. Stephenson serves on the board of Lyft. Mertz serves on the boards of DoorDash and wholesale market Faire.

Chesky also mentioned that Catherine Powell, a longtime Airbnb govt who beforehand held several roles at Disney, would at first move into an advisory purpose just before leaving Airbnb “later on future yr.”

Airbnb was established in 2007 by Chesky, Nathan Blecharczyk and Joe Gebbia.

— CNBC’s Laura Batchelor contributed to this report.

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