Fitness-Tracking Platform Strava Hires Pinterest Exec as CFO
Lily Yang
Lily Yang is the new finance chief at Strava, a exercise-tracking platform the place end users can document their activities and share them with their group.
Yang was most just lately chief accounting officer at Pinterest, a position she has held considering that joining the social media platform in 2017. In 2019, she assisted just take Pinterest community and drove functionality and profitability initiatives in 30 nations. Strava has no instant plans to go public, the enterprise mentioned.
Yang beforehand held senior finance roles at drugmaker Gilead Sciences and biopharmaceutical company Medivation.
“Lily is a tested financial chief, with a depth and breadth of knowledge guiding strategic initiatives at high-development providers,” reported Michael Horvath, Strava’s co-founder and CEO. “Her ground breaking tactic and means to guide with disciplined execution is priceless in shaping our leadership team for the following era of advancement at Strava.”
In addition to main the company’s finance and lawful teams, Yang will also lead its ongoing growth and company in around 195 international locations.
Yang replaces Christine Park, who left the business at the stop of 2020 soon after serving as chief economic officer for a year and a 50 percent. Horvath has been serving as interim CFO.
“Strava has achieved a exceptional, significant-development minute as a firm and neighborhood. It is an honor to be a part of Strava in building the platform at the centre of connected conditioning, amplifying the athlete practical experience around the world,” stated Yang.
Considering the fact that Strava was established in 2009, the company said it has elevated about $180 million from investors with its most current funding round in November 2020 when it lifted $110 million from Sequoia Cash and TCV.
The firm explained it has more than 92 million athletes on its system and is incorporating about two million new people every single month but did not disclose the number of subscriptions or its earnings.
