Instacart has appointed Facebook executive Fidji Simo as its new CEO, just seven months after she joined the grocery delivery company’s board of directors. Simo, formerly the vice president and head of the Facebook app, will replace Instacart founder and current CEO Apoorva Mehta on August 2. Mehta will transition to executive chairman of the board, per a statement from Instacart.
Instacart hires Facebook executive as new CEO ahead of expected IPO | TechCrunch
Image Credits: Instacart