Position
Chief Financial Officer
Company
Instacart
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.
Executive Insights
Based on hiring dataNew 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
New executives typically review existing vendors within 6 months