Sullivan joins Acorns from Twitter (NYSE:TWTR) where he led Corporate Finance and financial planning and analysis. He’s also worked in executive roles for STX Entertainment, DreamWorks Animation and AT&T. Sullivan takes over as CFO from Jasmine Lee, who will keep her role as chief operating officer.
“Rich brings a unique combination of expertise, vision, and commitment to mission,” Acorns Chief Executive Noah Kerner said in a statement. “Our next phase of growth as a company will only be fueled by his leadership.”
Acorns, which began in 2013, intends to go public sometime later this year at a valuation topping $2 billion. For more information, see the Aug. 23 issue of the Business Journal.