00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Pinterest said Monday that it appointed Amazon executive James Dibbo as chief financial officer,
00:07effective October 26th, according to Reuters. Dibbo will succeed Julia Donnelly, who is leaving
00:12Pinterest to pursue an opportunity at a private, early-stage company. Dibbo has led finance for
00:17Amazon's ads, Prime Video, and Amazon MGM Studios businesses, among others.
00:22CEO Bill Reddy said Dibbo has experience leading complex global businesses and understands consumer
00:27experience, shopping, advertising, and technology. Pinterest had announced in August that Donnelly
00:33would depart on October 30th. The company has forecast slower third-quarter revenue growth
00:37as it competes in a digital advertising market dominated by larger platforms including Meta's
00:42Instagram and Facebook. Shares fell about 1% in extended trading. For all things money, visit Benzinga.com.
