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Airbnb says no IPO in 2018, names first COO


SAN FRANCISCO (Reuters) - Short-term home rental service Airbnb Inc will not go public this year, the company said on Thursday, and it appointed its first chief operating officer as it pursues global growth and tighter management of its finances as a more mature company.


Johnson’s responsibilities will include overseeing Airbnb’s legal, policy and communications teams, Chesky said.


Her appointment follows the addition of Airbnb’s first independent board director, outgoing American Express CEO Ken Chenault, announced last week.


It has clashed with hoteliers and authorities in cities including New York, Amsterdam, Berlin and Paris, and has been criticized for exacerbating housing shortages in already tight markets.


Airbnb also said on Thursday its chief financial officer, Laurence Tosi, would leave the company to work full-time at his investment fund, Weston Capital Partners.




READ MORE (Reuters)


  • Airbnb's CFO is leaving after clashing with CEO Brian CheskyRecode
  • Airbnb says no IPO this year as CFO exits and it names a new COO, Belinda JohnsonUSA TODAY
  • Airbnb CFO Departs Amid Tensions, Leaving IPO Timing UnclearBloomberg
  • Airbnb says it won't go public this year as top exec departsCNNMoney
  • Airbnb CFO Laurence Tosi is outTechCrunch
  • Airbnb CFO Laurence Tosi Is Out Following Reports Of Tension With CEOFast Company
  • Airbnb Financial Chief Laurence Tosi Will Step Down, and No IPO Expected This YearWall Street Journal
  • Airbnb loses CFO Laurence Tosi, company says it won't go public this yearCNBC
  • Airbnb: not going public in 2018MarketWatch


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