75.8 F
Laguna Hills
Sunday, Aug 14, 2022
-Advertisement-

Acorns Hires New CFO

Irvine-based Acorns Grow Inc., an investing app that has grown to $4.7 billion in assets under management, has appointed Rich Sullivan as its chief financial officer.

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.  

Peter J. Brennan
Peter J. Brennan
Peter J. Brennan has been a journalist for 40 years. He spent a decade in Latin America covering wars, narcotic traffickers, earthquakes, and business. His resume includes 15 years at Bloomberg News where his headlines and articles sometimes moved the market caps of companies he covered by hundreds of millions of dollars. His articles have been published worldwide, including the New York Times and the Washington Post; he's appeared on CNN, CBC, BBC, and Bloomberg TV. He was awarded a Kiplinger Fellowship at The Ohio State University.
-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-