AppLovin Adds Instacart Chief Operating Officer Asha Sharma to Its Board of Directors

Rhea-AI Summary

AppLovin Corporation (NASDAQ: APP) has appointed Asha Sharma, the Chief Operating Officer of Instacart, to its Board of Directors, effective August 10. Sharma brings extensive experience in product development and operations, having previously held senior roles at Facebook, where she oversaw messaging products, and at Porch Group. CEO Adam Foroughi expressed enthusiasm for Sharma's expertise in supporting innovative developers and scaling teams, which will aid in capitalizing on AppLovin's growth opportunities. Sharma is set to contribute her customer-focused vision as the company continues its expansion in the mobile app ecosystem.

Positive

• Appointment of Asha Sharma strengthens leadership with extensive experience in mobile platforms.
• Sharma's background in high-growth environments and product development will enhance AppLovin's strategic positioning.
• Her customer-centric approach aligns with AppLovin's mission to support developers.

Negative

• None.

AppLovin Corporation (NASDAQ: APP), a leading marketing software company, today announced the appointment of Instacart Chief Operating Officer Asha Sharma to its Board of Directors, effective August 10.

Asha Sharma (Photo: Business Wire)

"Asha has built an incredible career revolutionizing mobile platforms, and we are thrilled to welcome her to our Board of Directors," said Adam Foroughi, co-founder and CEO of AppLovin. "At AppLovin, we are laser-focused on supporting the next generation of innovative developers, and Asha’s proven track record for creating beloved product experiences used by millions of people, as well as her deep expertise scaling teams in high growth environments, will be critical in helping us realize the enormous opportunity ahead."

Sharma currently serves as Chief Operating Officer for Instacart, where she oversees product, marketing and operations for the company, including the Instacart App, Instacart Logistics and Instacart Enterprise. Prior to joining Instacart, Sharma held senior roles at Facebook, including Vice President of Product for many of the company’s private communications products across Facebook, Messenger and Instagram. During her time at Facebook, she also previously served as Vice President of Product for Messenger, and before that, as Head of Product for Social Impact. She was previously Chief Operating Officer at Porch Group, a home services software provider, and held marketing and operations roles at Microsoft. Sharma currently sits on the board of Porch Group and previously served on the boards of Help Scout and Virginia Mason Medical Center. She holds a Bachelor of Science in Business from the University of Minnesota, Carlson School of Management.

"I'm inspired by AppLovin's mission to help developers scale their businesses and deliver meaningful value to customers around the world," said Sharma. "The customer should be at the forefront of every developer’s product decisions, and I’m excited to join the Board and work with Adam and his team as they continue to find new ways to support their ecosystem on their product journeys. I believe AppLovin is well positioned to help grow the entire mobile app universe, and I’m looking forward to working alongside the team as they embark on this next chapter of growth."

For more information on AppLovin’s leadership team, visit: https://www.applovin.com/leadership/.

About AppLovin

AppLovin’s leading marketing software provides developers with a powerful, integrated set of solutions to grow their businesses. AppLovin enables developers to market, monetize, analyze and publish their apps. The company’s first party content includes over 200+ popular, engaging apps and its technology brings that content to millions of users around the world. AppLovin is headquartered in Palo Alto, California with several offices globally.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210816005106/en/

FAQ

Who is Asha Sharma and what role will she play at AppLovin?

Asha Sharma is the new Board member at AppLovin, effective August 10. She will contribute her expertise in product and operations to support the company's growth.

What experience does Asha Sharma bring to AppLovin?

Sharma has a strong background, including her role as COO at Instacart and senior positions at Facebook, focusing on product development and scaling operations.

How might Asha Sharma's appointment impact AppLovin's growth?

Sharma's experience in mobile platforms and her customer-centric approach are expected to enhance AppLovin's strategy in supporting developers and expanding in the mobile app market.

When was Asha Sharma appointed to the Board of Directors of AppLovin?

Asha Sharma was appointed to AppLovin's Board of Directors effective August 10.