Pinterest appoints former Amazon executive James Dibbo as CFO

Pinterest has appointed James Dibbo as its new Chief Financial Officer, effective October 26. Dibbo joins the company from Amazon, where he served as vice president and CFO for global entertainment, advertising, and corporate development. In his previous role, he oversaw finances for Amazon Ads, Prime Video, Amazon MGM Studios, Music, Audible, and Twitch.

Dibbo succeeds Julia Brau Donnelly, who announced her departure in August. Vikram Naidu has served as the interim CFO during the transition period. Dibbo will report to CEO Bill Ready and will be based in Los Angeles.

The leadership change comes as Pinterest focuses on driving growth through advertising. The company recently reported record monthly users of 640 million as of June. While US and Canadian revenue grew by 13% in the first quarter, European revenue saw a higher growth rate of 27%. Following the announcement, Pinterest shares experienced a slight decline of approximately 2% in after-hours trading.