Here are the latest executive power moves that help explain everything that's going on at Uber, Lime and Snap

Advertisement
Here are the latest executive power moves that help explain everything that's going on at Uber, Lime and Snap

Ryan Graves Uber

Uber

Uber's first employee, Ryan Graves, has resigned from the company's board.

Advertisement
  • Keeping an eye on major hires and promotions is one of the best ways to understand a company's strategy.
  • The Org tracks executive changes at companies big and small.
  • Here's a snapshot of the most important executive moves of the week across tech and media.

Every week we bring you an overview of the most important executive changes from the past week. This week, Ryan Graves stepped down from Uber's board of directors just two weeks after the company went public. Read about this and other notable executive news:

Ryan Graves has resigned from Uber's board

Uber's first employee, Ryan Graves, has resigned from the board of directors just two weeks after the company went public. Graves was one of the only remaining allies of Travis Kalanick who was ousted as CEO in 2017 following multiple scandals related to Uber's poor corporate culture. Graves left Uber in 2017 after serving as senior vice president of global operations but remained on the board alongside Kalanick. It is likely that the new leadership under CEO Dara Khosrowshahi is looking to reduce the power of Kalanick on the board. According to Business Insider, Graves' personal stake in Uber is worth $1.4 billion.

Lime's co-Founder Brad Bao takes over as CEO

Advertisement

Scooter startup Lime is changing CEO as Brad Bao takes over the role from his co-founder Toby Sun. Sun has been the founding CEO since November 2017 and led the company through multiple rounds of financing reaching a valuation of $2.4 billion. Sun will now report to Bao and focus on future research and development, as well as company culture. Before Lime, Sun held a variety of consultant roles and worked at an investment firm.

Snap promotes Derek Andersen to Chief Financial Officer

Snap has promoted current VP of Finance, Derek Andersen to Chief Financial Officer. Andersen will take over the responsibilities of interim CFO Lara Sweet and report to CEO Evan Spiegel. Sweet will transition into a new role as Chief People Officer and continue as Chief Accounting Officer until a replacement is named. Andersen was previously employed at Amazon from March 2011 to June 2018, serving in a variety of roles, most recently as Vice President of Finance supporting Amazon's digital video business.

Y Combinator promotes Geoff Ralston to President

In a blog post, Sam Altman announced that Geoff Ralston is taking over as President of Y Combinator. Two months ago, Altman said that he would be stepping down as President to become the CEO of OpenAI, an artificial intelligence-focused company. He will remain an advisor to Y Combinator to help Ralston transition into his new role. Ralston has been a partner at Y Combinator for 8 years and previously ran engineering at Four11, where he built RocketMail, one of the first web mail services, which in 1997 became Yahoo! Mail.

Advertisement

Jonathan Carson named Chief Revenue Officer at The Trade Desk

The Trade Desk, a global advertising technology leader, has appointed Jonathan Carson as Chief Revenue Officer with responsibility for scaling the company's business development organization. Carson has more than 20 years of experience in the digital media industry, with executive leadership roles in fast-growth environments both in the U.S. and globally. Prior to joining The Trade Desk, he served as the Chief Revenue Officer of Vevo, where he oversaw Vevo's global sales and marketing functions.

Christian Wylonis is the co-founder and CEO of The Org, where you can meet the people behind the world's most innovative companies, explore organizational charts, stay updated on team changes, and join your own company.

{{}}