Airbnb COO Belinda Johnson is leaving the company next year – TechCrunch
Airbnb COO Belinda Johnson notified workers of her coming near near departure next March, CNBC first reported. Airbnb has since showed the information, announcing Johnson will stay concerned with the company on its board of administrators. Her final day as COO might be March 1, 2020.
News of Johnson stepping down comes as Airbnb gears as much as make its preliminary public providing next year. In September, the company introduced it hit greater than $1 billion in earnings in Q2 2019. Airbnb says it has additionally been EBITDA winning for the final two years.
However, Airbnb is no stranger to controversy. Between regulatory problems stemming from Airbnb’s affect on housing costs to discrimination, Airbnb has some buttoning as much as do prior to it is going public.
Johnson’s resolution to depart got here right down to work-life steadiness, she stated in a word posted on the Airbnb newsroom.
“Being elevated to the Board of Directors and contributing to the long term success of Airbnb while taking more time to be with my amazing family is an incredible opportunity,” Johnson stated.
Johnson, who joined Airbnb again in 2011, used to be the first govt Airbnb co-founder and CEO Brian Chesky ever employed.
“Though we intend for her to serve on our board for a long time to come, I have told Belinda that she can return to Airbnb as an executive if she ever wishes to do so,” Chesky wrote.