Eventbrite Welcomes Anand Gandhi as Chief Financial Officer; Lanny Baker to Continue Leading Operations as Chief Operating Officer
Eventbrite (NYSE: EB) has announced key leadership changes effective November 19, 2024. Anand Gandhi, former CFO of Viator, has been appointed as Chief Financial Officer, bringing 25 years of financial leadership experience. During his tenure at Viator, Gandhi helped achieve profitability and over 100% revenue growth. Lanny Baker, who has served as CFO since 2019, will transition to focus solely on his role as Chief Operating Officer, where he will lead operations, revenue generation, and marketplace transformation efforts. These appointments are strategically designed to accelerate Eventbrite's marketplace transformation and drive its next growth phase.
Eventbrite (NYSE: EB) ha annunciato importanti cambiamenti nella leadership a partire dal 19 novembre 2024. Anand Gandhi, ex CFO di Viator, è stato nominato Chief Financial Officer, portando con sé 25 anni di esperienza nella leadership finanziaria. Durante il suo mandato in Viator, Gandhi ha contribuito a raggiungere la redditività e una crescita dei ricavi superiore al 100%. Lanny Baker, che ha ricoperto il ruolo di CFO dal 2019, passerà a concentrarsi esclusivamente sul suo ruolo di Chief Operating Officer, dove guiderà le operazioni, la generazione di ricavi e gli sforzi di trasformazione del mercato. Queste nomine sono state progettate strategicamente per accelerare la trasformazione del mercato di Eventbrite e guidare la sua prossima fase di crescita.
Eventbrite (NYSE: EB) ha anunciado cambios clave en el liderazgo que entrarán en vigencia el 19 de noviembre de 2024. Anand Gandhi, ex CFO de Viator, ha sido nombrado Chief Financial Officer, aportando 25 años de experiencia en liderazgo financiero. Durante su mandato en Viator, Gandhi ayudó a lograr rentabilidad y un crecimiento de ingresos superior al 100%. Lanny Baker, quien se ha desempeñado como CFO desde 2019, se trasladará para concentrarse exclusivamente en su papel como Chief Operating Officer, donde liderará las operaciones, la generación de ingresos y los esfuerzos de transformación del mercado. Estos nombramientos están diseñados estratégicamente para acelerar la transformación del mercado de Eventbrite y impulsar su próxima fase de crecimiento.
Eventbrite (NYSE: EB)는 2024년 11월 19일부터 적용되는 주요 리더십 변경을 발표했습니다. Anand Gandhi는 이전 Viator CFO로서 25년의 재무 리더십 경험을 바탕으로 최고 재무 책임자로 임명되었습니다. Viator에서 근무하는 동안, Gandhi는 수익성이 높아지고 100% 이상의 매출 성장을 이끌어냈습니다. Lanny Baker는 2019년부터 CFO로 재직해왔으며, 이제 Chief Operating Officer로서의 역할에 전념하게 되어 운영, 수익 창출, 시장 변화 노력을 이끌게 됩니다. 이러한 임명은 Eventbrite의 시장 변화를 가속화하고 차기 성장 단계를 이끌기 위해 전략적으로 설계되었습니다.
Eventbrite (NYSE: EB) a annoncé des changements clés dans sa direction, effectifs à partir du 19 novembre 2024. Anand Gandhi, ancien CFO de Viator, a été nommé directeur financier, apportant 25 ans d'expérience en leadership financier. Pendant son mandat chez Viator, Gandhi a contribué à atteindre la rentabilité et à générer plus de 100% de croissance du chiffre d'affaires. Lanny Baker, qui occupe le poste de CFO depuis 2019, se concentrera désormais uniquement sur son rôle de directeur des opérations, où il dirigera les opérations, la génération de revenus et les efforts de transformation du marché. Ces nominations sont stratégiquement conçues pour accélérer la transformation du marché d'Eventbrite et propulser sa prochaine phase de croissance.
Eventbrite (NYSE: EB) hat wichtige Veränderungen in der Führungsebene bekannt gegeben, die ab dem 19. November 2024 in Kraft treten. Anand Gandhi, ehemaliger CFO von Viator, wurde zum Chief Financial Officer ernannt und bringt 25 Jahre Erfahrung in der finanziellen Führung mit. Während seiner Zeit bei Viator trug Gandhi dazu bei, die Rentabilität zu erreichen und ein Umsatzwachstum von über 100% zu erzielen. Lanny Baker, der seit 2019 CFO ist, wird sich nun ausschließlich auf seine Rolle als Chief Operating Officer konzentrieren, wo er die Abläufe, die Umsatzgenerierung und die Transformationsmaßnahmen des Marktes leiten wird. Diese Ernennungen sind strategisch darauf ausgelegt, die Transformation des Marktes von Eventbrite zu beschleunigen und die nächste Wachstumsphase einzuleiten.
- Appointment of experienced CFO with proven track record in marketplace profitability
- Previous success of new CFO in driving over 100% revenue growth at Viator
- Strategic focus on operational excellence with dedicated COO role
- None.
Insights
The appointment of Anand Gandhi as CFO brings significant marketplace expertise to Eventbrite, particularly valuable given his success at Viator where he achieved profitability while driving
The transition of Lanny Baker to a dedicated COO role allows for specialized focus on operational execution and revenue generation, which could improve organizational efficiency. However, executive transitions often require adjustment periods that may temporarily impact execution. The timing of these changes in November 2024 provides adequate transition planning.
While leadership changes can signal strategic shifts, investors should monitor key metrics in coming quarters to evaluate the impact on marketplace development and financial performance. The stock may experience short-term volatility as the market assesses the new leadership structure.
New Leadership Appointments Designed to Drive Marketplace Transformation and Propel Eventbrite into its Next Growth Phase
Anand joins Eventbrite with 25 years of financial leadership experience across large, publicly-traded companies, hyper-growth marketplaces, and investment banking. Most recently, Gandhi was Chief Financial Officer at Viator, the world's leading marketplace for travel experiences, where he helped transform the financial performance of the business, achieving profitability while driving revenue growth of over
“Anand is an accomplished leader with a proven track record for scaling online marketplaces and delivering strong financial results. He brings an invaluable perspective to our executive leadership team, and I look forward to working with him as we set the stage to unlock the powerful potential of our two-sided marketplace and drive profitable, long-term growth,” said Julia Hartz, Eventbrite Co-Founder, Chief Executive Officer and Executive Chair.
“For nearly two decades, Eventbrite has empowered creators to build community through unforgettable live experiences. With this strong foundation, the company is well positioned to become the leading destination for consumers seeking unique, local events,” stated Gandhi. “Joining Eventbrite during this transformative phase in the company’s journey presents a meaningful opportunity to contribute to the realization of the marketplace vision.”
Baker has served as Chief Financial Officer since joining Eventbrite in 2019. In August 2024, he added the role of Chief Operating Officer to his responsibilities. With Gandhi's appointment, Baker will dedicate his focus to the COO role, where he will continue to lead the optimization of operations, revenue generation, and the execution of the company’s marketplace transformation.
“Lanny is an exceptional leader and partner. His deep understanding of our business, combined with his commitment to excellence, uniquely positions him to serve as COO,” added Hartz. “These leadership appointments will be instrumental to Eventbrite’s next chapter of growth, helping accelerate our marketplace transformation and enhancing value for our creators, customers, and shareholders.”
About Eventbrite
Eventbrite is a global events marketplace that serves event creators and event-goers in nearly 180 countries. Since its inception, Eventbrite has been at the center of the experience economy, transforming how people organize and attend events. The company was founded by Julia Hartz, Kevin Hartz and Renaud Visage, with a vision to build a self-service platform that would make it possible for anyone to create and sell tickets to live experiences. With over 300 million tickets distributed for over 5 million events in 2023, Eventbrite is where people worldwide discover new things to do or new ways to do more of what they love. Eventbrite has also earned industry recognition as a top employer with special designations that include a coveted spot on Fast Company’s prestigious The World’s 50 Most Innovative Companies and Fast Company’s Brands That Matter lists, the Great Place to Work® Award in the
View source version on businesswire.com: https://www.businesswire.com/news/home/20241107073901/en/
Source: Eventbrite
FAQ
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