Pinterest is stepping down as CEO, Google commerce executive to take top job

Pinterest The social media company said Tuesday that a longtime chief executive is stepping down and a Google commerce executive is taking over the top position.

ben silberman, who co-founded Pinterest in 2010 and has served as its CEO since then, is transitioning to acting chairman of the board, a newly created position. His replacement, Bill Ready, comes from Alphabet Google, where he was president of commerce since 2020. Mr. Ready, who was chief of operations earlier in his career PayPal Holdings And the previously Venmo CEO has also joined Pinterest’s board as a director, the company said.