---
schema_version: "secwatch.filing_event.v1"
accession: "0001828962-22-000004"
form_type: "8-K"
ticker: "CRCT"
cik: "0001828962"
company_name: "Cricut, Inc."
filed_at: "2022-01-05T23:59:59+00:00"
generated_at: "2026-06-27T20:42:39.300395+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001828962-22-000004
- form_type: 8-K
- ticker: CRCT
- cik: 0001828962
- company_name: Cricut, Inc.
- filed_at: 2022-01-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828962/000182896222000004/0001828962-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828962/000182896222000004/crct-20220103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828962-22-000004
- JSON: https://secwatch.observer/filing/0001828962-22-000004.json
- Plain text: https://secwatch.observer/filing/0001828962-22-000004.txt

## Key facts
- Executive change
  Martin Petersen changed role as Executive Vice President and Senior Advisor at Cricut, Inc..
  - Action: step down
  - Role: Executive Vice President and Senior Advisor
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828962/000182896222000004/0001828962-22-000004-index.htm
- Executive change
  Kimball Shill was appointed as Chief Financial Officer at Cricut, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Cricut also announced that Kimball Shill will succeed Mr. Petersen as Cricut’s Chief Financial Officer, effective April 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828962/000182896222000004/0001828962-22-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.