Pinterest CFO Julia Donnelly to step down in October

• During Donnelly's tenure, Pinterest delivered 11 consecutive quarters of double-digit revenue growth and significantly expanded operating margins
• Donnelly joined Pinterest in 2023 from Wayfair where she was global head of finance, and oversaw key deals including the tvScientific acquisition and an AWS cloud partnership
• The CFO departure comes as Pinterest faces intensifying competition for digital advertising from larger players like Meta

Pinterest CFO Julia Donnelly to Depart in October

Pinterest announced Thursday that Chief Financial Officer Julia Donnelly will step down on October 30, 2025. The company has initiated an external search for her replacement, with Vikram Naidu, vice president of finance and business operations, serving as interim principal financial officer.

Key Leadership Transition Details:

Donnelly joined Pinterest in 2023 from Wayfair, where she served as global head of finance. During her tenure, she oversaw a strong growth period marked by 11 consecutive quarters of double-digit revenue growth, enhanced operating rigor, and expanded profit margins. CEO Bill Ready credited her leadership with ensuring the company's ongoing business health.

Donnelly is leaving to pursue an opportunity at a private, early-stage company.

Notable Achievements Under Donnelly:

• Completion of Pinterest's acquisition of tvScientific, a connected-TV advertising platform
• Strategic cloud-services partnership with Amazon Web Services

Market Context:

The leadership change comes amid challenging conditions in the digital advertising sector. Pinterest faces intense competition from larger players, particularly Meta Platforms. The company recently reported softer-than-expected results earlier in August, reflecting the competitive pressures in the digital advertising market.

Implications:

The CFO departure introduces near-term uncertainty during a period of heightened competition for advertising dollars. Investors will be watching closely for the permanent replacement announcement and any potential strategic shifts. However, the company's recent track record of consistent double-digit revenue growth and margin expansion provides some stability during the transition period.