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Pinterest, Inc. (PINS) is a visual discovery platform that enables users to find inspiration for various aspects of their lives, such as recipes, home and style ideas, and travel destinations. The platform allows users to create, share, and discover visual content organized into collections called "boards." Pinterest generates revenue primarily through third-party advertising, leveraging its platform to connect advertisers with its user base.
- Advertising - Drives revenue by connecting third-party advertisers with Pinterest's user base, offering tools to scale and optimize advertising campaigns.
- Visual Discovery Platform - Provides users with tools to create, organize, and share visual content, fostering engagement and inspiration through curated boards.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Bill Ready Executive | Chief Executive Officer | Williams-Sonoma, Inc. (Audit and Finance Committee, Compensation Committee), ADP (Audit Committee, Corporate Development and Technology Advisory Committee), Silversmith Capital Partners (Senior Advisor and Limited Partner) | Bill Ready is the CEO of Pinterest since June 2022, focusing on driving the company's growth as an online shopping destination. He has extensive experience in commerce and payments, having held leadership roles at Alphabet Inc., PayPal Holdings, Inc., and Braintree. | View Report → |
Julia Brau Donnelly Executive | Chief Financial Officer | None | Julia Brau Donnelly joined Pinterest as CFO in June 2023. She oversees financial management and planning processes, partnering with the executive team to drive growth. Previously, she held senior roles at Wayfair Inc. and was a private equity investor at Thomas H. Lee Partners. | |
Wanji Walcott Executive | Chief Legal & Business Affairs Officer | Economic Club of Chicago (Board Member), Botanic Garden of Chicago (Board Member), Minority Corporate Counsel Association (Board Member), The Frederick Gunn School (Board Member) | Wanji Walcott joined Pinterest in November 2022 as Chief Legal & Business Affairs Officer. She previously held executive roles at Discover Financial Services and PayPal Holdings, Inc., overseeing legal, compliance, and regulatory functions. | |
Andrea Wishom Board | Lead Independent Director | Tory Burch LLC (Board Member), Inflection AI (Board Member) | Andrea Wishom has been a director at Pinterest since 2020. She is the Lead Independent Director and a member of the Compensation Committee. She is also the President of Skywalker Holdings, LLC, and has extensive experience in media and C-suite management. | |
Benjamin Silbermann Board | Non-Executive Chair | The How We Feel Project (Board Member), Resolve to Save Lives (Board Member) | Benjamin Silbermann is the Non-Executive Chair of Pinterest, having transitioned from Executive Chair in August 2023. He co-founded Pinterest and served as CEO until June 2022. | |
Charles "Chip" Bergh Board | Director | HP, Inc. (Non-Executive Chair of the Board) | Chip Bergh was appointed to Pinterest's Board of Directors in May 2024. He has extensive experience in retail and marketing, having served as President and CEO of Levi Strauss & Co. and held various roles at Procter & Gamble. | |
Fredric Reynolds Board | Director | RTX Corporation (Lead Director, Governance and Public Policy Committee, Human Capital and Compensation Committee) | Fredric Reynolds has been a director at Pinterest since 2017 and is a member of the Audit Committee. He has held executive roles at CBS Corporation and Viacom, and served on several corporate boards. | |
Gokul Rajaram Board | Director | Coinbase Global Inc. (Compensation Committee), The Trade Desk Inc. (Compensation Committee, Audit Committee) | Gokul Rajaram has been a director at Pinterest since 2020. He has held leadership roles at DoorDash, Inc., Block, Inc., and Meta, Inc., and is an investor and advisor to technology companies. | |
Jeremy Levine Board | Director | Bessemer Venture Partners (Partner), Shopify, Inc. (Board Member, Nominating and Corporate Governance Committee) | Jeremy Levine has been a director at Pinterest since 2011 and is the chair of the Governance Committee. He is a partner at Bessemer Venture Partners and serves on the board of Shopify, Inc. | |
Leslie Kilgore Board | Director | Netflix, Inc. (Board Member, Audit Committee), Discord Inc. (Board Member) | Leslie Kilgore has been a director at Pinterest since 2019, serving as chair of the Compensation Committee and a member of the Audit Committee. She was previously the Chief Marketing Officer of Netflix, Inc. | |
Marc Steinberg Board | Director | Elliott Investment Management Corporation (Senior Portfolio Manager), Nielsen (Board Member), Cubic (Board Member) | Marc Steinberg joined Pinterest's Board of Directors in December 2022. He is a Senior Portfolio Manager at Elliott Investment Management Corporation and serves on the boards of Nielsen and Cubic. | |
Salaam Coleman Smith Board | Director | Gap, Inc. (Compensation and Management Development Committee), Scopely (Board Member) | Salaam Coleman Smith has been a director at Pinterest since 2020. She has extensive experience in global media and strategic planning, having held executive roles at The Walt Disney Company and Comcast NBCUniversal. | |
Scott Schenkel Board | Director | NetApp, Inc. (Chair of the Talent and Compensation Committee), Forter (Board Member) | Scott Schenkel joined Pinterest's Board of Directors in September 2023 and became Chair of the Audit Committee in February 2024. He has extensive financial leadership experience, having served as Interim CEO and CFO at eBay Inc. |
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Given your reliance on partnerships with Amazon and Google for third-party demand, how do you mitigate the risks of dependency on these partners, and what is your strategy to ensure control over your ad revenue growth and maintain competitive advantage?
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Despite doubling outbound clicks to advertisers over the past four quarters, what are the key obstacles preventing you from fully capturing the value generated, and how do you plan to convert this increased engagement into proportional revenue gains?
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With the recent general availability of Performance Plus, how significant do you expect its contribution to revenue growth in 2025 to be, and what challenges do you anticipate in driving advertiser adoption, especially considering the multi-quarter adoption cycles?
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Your Q4 revenue guidance suggests a deceleration in growth; can you elaborate on the specific macroeconomic or internal factors causing this slowdown, and how do you plan to address these challenges to sustain growth into 2025?
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Given the plateauing or decreasing monetization rates in Europe, what specific headwinds are you encountering in this market, and what targeted strategies are you implementing to overcome these challenges and drive growth in European revenues?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
The Yes Platform, Inc. | 2022 | Pinterest acquired The Yes Platform, Inc. on June 10, 2022, for $87.6 million in cash with value allocated to customer relationships, developed technology, and goodwill to drive taste-driven shopping ambitions via its AI-based commerce technology and fashion expertise. |
Recent developments and announcements about PINS.
Earnings
New Earnings (Q4 2024)
·7 days agoView full earnings summary →Pinterest’s Q4 2024 revenue hit $1B for the first time, accelerating YoY growth to 19% from 9% in 2023. MAUs jumped 11% to 553M, with WAU-to-MAU at a record 62%. Lower-funnel ads drove a 90% rise in advertiser clicks, signaling robust momentum into 2025.