Canva Appoints New CFO, Kelly Steckelberg, to Spearhead Growth
In a significant move, design software startup Canva has announced the appointment of Kelly Steckelberg as its new Chief Financial Officer (CFO). This strategic hire comes as the company prepares for its highly anticipated initial public offering (IPO).
A Proven Track Record
Steckelberg brings a wealth of experience to Canva, having played a crucial role in taking Zoom public in 2019 and guiding the company through its pandemic-driven surge. Her impressive leadership skills and expertise in scaling enterprise companies make her an ideal fit for Canva’s leadership team.
Canva’s Rapid Growth
Founded in 2013, Canva has experienced remarkable growth, with an estimated annualized revenue of $2.5 billion and a user base of 220 million monthly users. The company’s valuation recently stood at $32 billion, down from its peak of $40 billion in 2021.
IPO Speculation
As one of the top IPO candidates among venture-backed tech companies, Canva’s move is being closely watched by investors. The company’s decision to appoint a seasoned CFO like Steckelberg has fueled speculation about its IPO timeline, although a spokesperson declined to comment on the matter.
Steckelberg’s Background
Before joining Zoom, Steckelberg held financial positions at Cisco and was CEO of online dating company Zoosk. Based in Austin, Texas, she will work closely with Canva’s headquarters in Sydney, Australia.
A New Chapter for Canva
Steckelberg’s appointment marks a new chapter for Canva, which has been expanding its operations rapidly. Her expertise will be instrumental in guiding the company through its next phase of growth, as it continues to innovate and disrupt the design software industry.
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