By Doyinsola Oladipo
(Reuters) – Airbnb on Tuesday introduced adjustments to its government management staff, together with the creation of a chief enterprise officer place as the corporate appears to be like to broaden past its core short-term rental enterprise.
The San Francisco-based firm has mentioned it’s trying to broaden past short-term trip leases and experiences and is laying the inspiration for brand spanking new providers and choices in addition to investing in under-penetrated worldwide markets.
Dave Stephenson, who was the corporate’s chief monetary officer (CFO) since 2019, has been promoted to the position of chief enterprise officer. Stephenson will drive worldwide enlargement, develop world host provide throughout current and new companies in addition to lead all enterprise and company improvement actions, Airbnb CEO Brian Chesky mentioned.
“As we broaden past our core, it will likely be paramount to have an government devoted to our long-term development plans, and there’s no person higher than Dave to do that,” mentioned Chesky.
Stephenson joined Airbnb in 2019 after greater than 17 years at Amazon, the place he most lately labored as CFO.
Airbnb’s vp of finance Ellie Mertz has been appointed CFO and is predicted to transition into the position in February 2024 after the corporate’s earnings name. Mertz has been with the corporate for 11 years and oversaw the corporate’s IPO in 2020.
Catherine Powell, world head of internet hosting at Airbnb, will transition into an adviser position and transfer on from Airbnb later in 2024, the corporate mentioned.
(Reporting by Doyinsola Oladipo in New York and Priyamvada C in Bengaluru; Enhancing by Krishna Chandra Eluri and Mark Potter)
