Bill Ready named Pinterest CEO; Ben Silbermann transitions to Executive Chairman

PINTEREST, INC.

Bill Ready, former Google President of Commerce, becomes CEO and joins Board effective June 29, 2022.
Co-founder Ben Silbermann steps down as CEO to become Executive Chairman; no change to compensation or equity vesting.
Ready receives $400K base salary, option for 8.55M shares, and up to $20M in restricted shares conditional on $5M open-market purchase.
Severance includes up to 24 months base salary (reduced by tenure) and equity vesting extension; full acceleration upon change in control.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

William Ready

Class III director

PINS · PINTEREST, INC.

Effective: 2022-06-29
Filed: June 28, 2022, 7:59 PM ET

appointed William Ready as a Class III director

Appointed

William Ready

Chief Executive Officer

PINS · PINTEREST, INC.

Effective: 2022-06-29
Filed: June 28, 2022, 7:59 PM ET

the Board of Directors (the “Board”) of Pinterest, Inc. (the “Company”) appointed William Ready as the Chief Executive Officer of the Company, to succeed Benjamin Silbermann, the Company’s Chief Executive Officer and President, effective as of June 29, 2022

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William Ready was appointed as Class III director at PINTEREST, INC..

Action: appointed
Role: Class III director

Exact text from the filing

appointed William Ready as a Class III director

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William Ready was appointed as Chief Executive Officer at PINTEREST, INC..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

the Board of Directors (the “Board”) of Pinterest, Inc. (the “Company”) appointed William Ready as the Chief Executive Officer of the Company, to succeed Benjamin Silbermann, the Company’s Chief Executive Officer and President, effective as of June 29, 2022

View on SEC.gov

PINTEREST, INC. filing history →

Source: SEC EDGAR

accession 0001193125-22-183935

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.