Airbnb Poaches Amazon Executive for New CFO to Lead It to IPO
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Airbnb Inc. hired a longtime Amazon.com Inc. executive to fill its chief financial officer position, a post that’s been vacant most of this year and will be key in preparations for the startup’s anticipated initial public offering.
The home-sharing company said Dave Stephenson will take on the role, after a 17-year career at Amazon where he was most recently vice president and CFO of their worldwide consumer organization, responsible for all global website sales. Airbnb has been without a CFO since February, when Laurence Tosi departed amid tensions and a shakeup in the senior ranks.