Ibotta CFO Sunit Patel resigns; board member Valarie Sheppard appointed Interim CFO

Ibotta, Inc.

Sunit Patel resigns as CFO effective March 14, 2025; will stay through March 28 and advise for at least one year.
Valarie Sheppard, Ibotta board member since 2021, appointed Interim CFO; steps down as Lead Independent Director and Audit Chair.
Patel leaves for an external opportunity in the telecom sector; search for a permanent CFO has begun.
Sheppard previously served as Treasurer and Controller at Procter & Gamble, with extensive financial leadership.

item 5.02 item 9.01

Executive movements

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Appointed (interim)

Valarie Sheppard

Interim Chief Financial Officer

IBTA · Ibotta, Inc.

Effective: 2025-03-14
Filed: March 14, 2025, 7:59 PM ET

Valarie Sheppard, a member of the Company’s Board of Directors (the “Board”) will assume the position of the Company’s Interim Chief Financial Officer, effective March 14, 2025.

Departed

Sunit Patel

Chief Financial Officer

IBTA · Ibotta, Inc.

Effective: 2025-03-14
Successor: Valarie Sheppard
Filed: March 14, 2025, 7:59 PM ET

Sunit Patel resigned as Chief Financial Officer and Principal Financial Officer of Ibotta, Inc. (the “Company”), effective March 14, 2025, and he will remain with the Company through March 28, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Valarie Sheppard was appointed as Interim Chief Financial Officer at Ibotta, Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

Valarie Sheppard, a member of the Company’s Board of Directors (the “Board”) will assume the position of the Company’s Interim Chief Financial Officer, effective March 14, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Sunit Patel resigned as Chief Financial Officer at Ibotta, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Sunit Patel resigned as Chief Financial Officer and Principal Financial Officer of Ibotta, Inc. (the “Company”), effective March 14, 2025, and he will remain with the Company through March 28, 2025.

View on SEC.gov

Ibotta, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-25-012726

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