Dave Stephenson, who will grow to be Airbnb CFO in Jan. 2019.
Airbnb CFO Dave Stephenson, who helped information the corporate by Covid-19 tumult and an preliminary public providing, will transition right into a newly created chief enterprise officer function, Airbnb CEO Brian Chesky stated in a Tuesday word to workers seen by CNBC.
Stephenson’s new place is efficient January 2024, the corporate stated. Airbnb’s vp of finance Ellie Mertz will substitute Stephenson as CFO. Mertz’s transition will happen following Airbnb’s quarterly earnings name in February.
Chesky stated Stephenson’s new function would additionally mark an “inflection level” for Airbnb, the place the enterprise would start to concentrate on development throughout current and new companies.
“As we increase past our core, it will likely be paramount to have an government devoted to our long-term development plans, and there is no person higher than Dave to do that,” Chesky wrote within the letter.
“As Chief Enterprise Officer, Dave will likely be throughout all features of our technique to increase past the core,” Chesky wrote. “This consists of driving worldwide growth, rising international host provide (throughout current and new companies), and main all enterprise and company growth actions at Airbnb.”
Stephenson has been with the corporate since 2018. Earlier than becoming a member of Airbnb, Stephenson was finance chief at Amazon’s Worldwide Client unit. Stephenson serves on the board of Lyft. Mertz serves on the boards of DoorDash and wholesale market Faire.
Chesky additionally stated that Catherine Powell, a longtime Airbnb government who beforehand held varied roles at Disney, would initially transfer into an advisory function earlier than leaving Airbnb “later subsequent yr.”
Airbnb was based in 2007 by Chesky, Nathan Blecharczyk, and Joe Gebbia.
CNBC’s Laura Batchelor contributed to this report.
