Airbnb Hires Amazon Veteran As CFO Ahead Of Potential IPO
Airbnb Inc has hired Amazon.com Inc veteran Dave Stephenson as its chief financial officer (CFO), ahead of a widely anticipated initial public offering next year.
Stephenson will start in early January, Airbnb said in a statement, and will replace Laurence Tosi, who left the company in February.
Stephenson, who has worked at Amazon for 17 years, most recently recently served as vice-president and CFO of the online retailer's worldwide consumer organisation, which is responsible for all of Amazon's global website sales including its Prime service.
Airbnb, valued by private investors at $31 billion, has in recent months turned to new services and offerings to fuel growth, adding luxury vacation homes and hotels to its platform.