Chris Rogers, Instacart’s current chief business officer, is taking over as the delivery giant’s next CEO, the company announced on Wednesday.
Rogers, who has worked at Instacart since 2019, will take the helm from Fidji Simo on August 15. Simo, who ushered the company through a successful market debut (stock prices are up 53% since its 2023 IPO) after taking the top spot in 2021, will become CEO of applications at OpenAI.
“We chose Chris because the company needs a leader who understands all our partners deeply, has immense operational experience, and can mobilize teams around our vision,” Simo wrote in a note to employees. “Chris knows this company. He helped shape it. And I know Chris will carry our mission forward with conviction, care, and ambition.”
Simo previously told employees the top role would be filled by a member of Instacart’s management team. In his current role, Instacart said Rogers “oversees all aspects of the company’s commercial operations—including retailer relationships and expansions, ad sales and R&D, partnerships, mergers and acquisitions, Instacart Business, and Instacart Health—with a focus on driving growth at the intersection of brands, retailers, and technology.”
Prior to joining Instacart, Rogers spent nearly 11 years at Apple as the managing director for Apple Canada. He also led Apple’s carrier channel business and the consumer retail business in Canada.
Rogers will be tasked with continuing to grow orders despite ongoing macroeconomic concerns. The company reported first quarter financial results earlier this month, posting strong order growth and total revenue. However, its burgeoning advertising segment where food companies pay for placement in the app could see problems as new tariffs and regulations impact the ad spend.
Rogers said in a blog post that the company’s strategy and vision wouldn’t change.
“Our opportunity is massive, and I’m excited to lead this team as we build on our momentum and take Instacart forward,” Rogers said.
Melden Sie sich an, um einen Kommentar hinzuzufügen
Andere Beiträge in dieser Gruppe
Did you wake up at 4 a.m. on November 6, 2024? If so, you’re not alone.
The 4 a.m. club is a group of people, mostly on TikTok, who say they were spiritually “activated” when they
New analysis has found mobile phone users are being pinged with as many as 50 news alerts daily. Unsurprisingly, many are experiencing “alert fatigue.”
The use of news alerts on phones h
The startup Warp is best known for its modern, AI-empowered take on the terminal—the decades-old,
Want to save pages on the web for later? You could always bookmark them in your browser of choice, of course. But that’s a quick way to end up with a messy bookmarks toolbar. And organizing your b
When a viral Reddit post revealed that ChatGPT cured a five-year medical mystery in seconds, even LinkedIn’s Reid Hoffman took notice. Now, OpenAI’s Sam Altman says Gen Z and Millennials are treat
Everyone who’s ever talked to ChatGPT, Claude, Gemini, and other big-name chatbots recognizes how anodyne they can be. Because these conversational AIs’ creators stuff them with as much human-gene
Robinhood was under fire after the GameStop controversy in 2021. But last year, it posted its strongest results ever. FC Explains how Robinhood rebuilt trust, launched powerful tools, and made a m
