Fitness-Tracking Platform Strava Hires Pinterest Exec as CFO

Lily Yang is the new finance chief at Strava, a health and fitness-tracking system where by people can report their things to do and share them with their community.

Yang was most not too long ago chief accounting officer at Pinterest, a role she has held given that becoming a member of the social media system in 2017. In 2019, she helped take Pinterest public and drove general performance and profitability initiatives in thirty nations around the world. Strava has no immediate options to go public, the enterprise explained. 

Yang beforehand held senior finance roles at drugmaker Gilead Sciences and biopharmaceutical enterprise Medivation. 

“Lily is a confirmed money chief, with a depth and breadth of knowledge guiding strategic initiatives at superior-development providers,” explained Michael Horvath, Strava’s co-founder and CEO. “Her revolutionary strategy and capability to direct with disciplined execution is a must have in shaping our leadership staff for the next period of development at Strava.”

In addition to top the company’s finance and lawful groups, Yang will also direct its continued development and enterprise in over 195 nations around the world.

Yang replaces Christine Park, who left the enterprise at the conclude of 2020 following serving as chief money officer for a calendar year and a 50 percent. Horvath has been serving as interim CFO. 

“Strava has reached a special, superior-development moment as a enterprise and community. It’s an honor to sign up for Strava in constructing the system at the center of connected health and fitness, amplifying the athlete knowledge all over the planet,” explained Yang.

Since Strava was launched in 2009, the enterprise explained it has lifted about $one hundred eighty million from buyers with its most the latest funding round in November 2020 when it lifted $a hundred and ten million from Sequoia Money and TCV. 

The enterprise explained it has over ninety two million athletes on its system and is including about two million new people every thirty day period but did not disclose the range of subscriptions or its income. 

CFO, Pinterest, Strava