leadership
confidence high
sentiment neutral
materiality 0.80
Maplebear CEO Simo resigns; CBO Rogers named CEO; share buyback raised to $1B
Maplebear Inc.
- CEO Fidji Simo resigns effective Aug 15, 2025, remains Chair of Board; resignation not due to disagreement.
- Chris Rogers (Chief Business Officer) appointed CEO and President effective Aug 15; joins Board as Class II director.
- Rogers base salary CAD $1.37M; $15M promotion RSU grant with 8% Nov 15, 2025 vest then 11.5% quarterly; $15M target 2026 equity.
- Share repurchase program increased to $1B aggregate from $750M; ~$218M remaining as of March 31, 2025.
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