Pinterest finance chief Julia Donnelly to step down in October

(Corrects Donnelly's name ‌in bullets)

Aug ​28 (Reuters) - ​Pinterest said on Friday Chief Financial Officer Julia Donnelly will leave on ‌October 30, and the company has launched ⁠an external search for its next finance chief.

Vikram ‌Naidu, the image-sharing platform's ‌vice president of finance and business operations, will be principal financial officer in ​the interim.

• Donnelly's "leadership helped support a period in which we delivered 11 consecutive ⁠quarters of double-digit revenue growth, significantly increased operating rigor and ​expanded margins to ensure the ongoing health of our business," CEO Bill ​Ready said in a ‌memo to employees.

• Donnelly — who is leaving to pursue an opportunity ⁠at a private, early-stage company — joined Pinterest in 2023, from online furniture retailer Wayfair, where ⁠she was the global head of finance.

• The tenure ​saw Pinterest completing its acquisition of connected-TV advertising platform tvScientific and a $4 billion cloud-services partnership with ‌Amazon Web Services.

• The company forecast slower third-quarter revenue growth earlier ‌this month, a sign of tough competition ⁠for digital advertising ‌from bigger players ​including Meta's Instagram.

(Reporting by Juby Babu in Mexico City; Editing by Joyjeet ‌Das)

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