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Instacart Promotes Emily Reuter To CFO, Nick Giovanni Retires

May 09, 2024about 1 year ago

Position

Chief Financial Officer

Company

Instacart

Emily Reuter
San FranciscoSoftware

Description

Instacart has promoted Emily Reuter, previously its VP of finance, to the role of CFO, following the retirement of CFO Nick Giovanni. CEO Fidji Simo expressed gratitude to Giovanni for his contributions and highlighted Reuter's extensive experience and reputation for driving methodical, profitable growth on a massive scale.

Company Information

Company

Instacart

Location

San Francisco, California, United States

About

Instacart, the leading grocery technology company in North America, works with grocers and retailers to transform how people shop. The company partners with more than 1,800 national, regional, and local retail banners to facilitate online shopping, delivery and pickup services from nearly 100,000 stores across North America on the Instacart Marketplace. Instacart makes it possible for millions of people to get the groceries they need from the retailers they love, and for approximately 600,000 Instacart shoppers to earn by picking, packing and delivering orders on their own flexible schedule. The Instacart Platform offers retailers a suite of enterprise-grade technology products and services to power their e-commerce experiences, fulfill orders, digitize brick-and-mortar stores, provide advertising services, and glean insights. With Instacart Ads, thousands of CPG brands – from category leaders to emerging brands – partner with the company to connect directly with consumers online, right at the point of purchase. With Instacart Health, the company is providing tools to increase nutrition security, make healthy choices easier for consumers, and expand the role that food can play in improving health outcomes.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
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