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Pinterest co-founder Ben Silbermann, who will be replaced as CEO by former Google exec Bill Ready. Photo: Bloomberg.

Pinterest Bets Big on Commerce With CEO Hire; A Science Creator Shuns YouTube Ad Share

By  |  June 28, 2022 3:37 PM PDT
Photo: Pinterest co-founder Ben Silbermann, who will be replaced as CEO by former Google exec Bill Ready. Photo: Bloomberg.

Pinterest co-founder Ben Silbermann is stepping down from the CEO role after more than a decade leading the company. E-commerce executive Bill Ready, who led commerce initiatives at Alphabet’s Google, will replace Silbermann. Prior to joining Google, Ready was the chief operating officer at PayPal. 

We already knew commerce was top of mind at Pinterest before the switch, and this appointment cements the digital scrapbooking company’s intent. In March, Pinterest released a slew of shopping features, including a personalized shopping feed driven by an algorithm, similar to Instagram’s shopping tab. Ready’s entry could speed up development of such offerings, which were previously set back by slow deals and indecision from executives in the company, The Information earlier reported.

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