Cricut CFO Martin Petersen to retire; Kimball Shill named successor effective Apr 1, 2022

Cricut, Inc.

Martin Petersen steps down as CFO effective Mar 31, 2022; retires from Cricut on Sep 30, 2022.
Kimball Shill, current EVP of Operations, becomes CFO on Apr 1, 2022; joined Cricut in 2019.
Petersen led Cricut IPO in Mar 2021 raising $284M; revenue grew from $74M (2014) to ~$1.3B (TTM Sep 2021).
Shill will report to CEO Ashish Arora; has over 25 years scaling high-growth companies.

item 5.02 item 9.01

Executive movements

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

Role change

Martin Petersen

Executive Vice President and Senior Advisor

CRCT · Cricut, Inc.

Effective: 2022-03-31
Successor: Kimball Shill
Filed: January 5, 2022, 6:59 PM ET

On January 3, 2022, Martin Petersen, Chief Financial Officer of Cricut, Inc. (Cricut), who has been with Cricut for over 10 years, informed Cricut of his intention to step down from his position as Chief Financial Officer, effective March 31, 2022, and to retire from Cricut effective September 30, 2022.

Appointed

Kimball Shill

Chief Financial Officer

CRCT · Cricut, Inc.

Effective: 2022-04-01
Filed: January 5, 2022, 6:59 PM ET

Cricut also announced that Kimball Shill will succeed Mr. Petersen as Cricut’s Chief Financial Officer, effective April 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Martin Petersen changed role as Executive Vice President and Senior Advisor at Cricut, Inc..

Action: step down
Role: Executive Vice President and Senior Advisor

Exact text from the filing

On January 3, 2022, Martin Petersen, Chief Financial Officer of Cricut, Inc. (Cricut), who has been with Cricut for over 10 years, informed Cricut of his intention to step down from his position as Chief Financial Officer, effective March 31, 2022, and to retire from Cricut effective September 30, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Kimball Shill was appointed as Chief Financial Officer at Cricut, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Cricut also announced that Kimball Shill will succeed Mr. Petersen as Cricut’s Chief Financial Officer, effective April 1, 2022.

View on SEC.gov

Cricut, Inc. filing history →

Source: SEC EDGAR

accession 0001828962-22-000004

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