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Markets

Pinterest Hires IR Head in IPO Hint

Pinterest hired former Google executive Jane Penner as head of investor relations, which may be the clearest sign yet that the company plans to go public. Ms Penner was an IR chief at Google from 2010 to 2014, when she jumped to Alibaba as IR chief, in time for that company’s monster IPO. 

Ms Penner has been at Pinterest since last month, according to her LinkedIn page, although news of the appointment only surfaced on Wednesday. If history is any guide, Pinterest plans to join several other companies going public in 2019—including Lyft and Uber. It will be a busy year for tech IPOs. 

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