Ibotta Appoints Valarie Sheppard as Interim Chief Financial Officer
Ibotta (NYSE: IBTA), North America's largest digital promotions network, announces the appointment of Valarie Sheppard as interim Chief Financial Officer (CFO), effective immediately. This change follows the departure of current CFO Sunit Patel, who is leaving to pursue an opportunity in the telecom sector but will remain as an advisor for at least one year.
Sheppard, who has been serving on Ibotta's board since 2021, brings significant experience from her previous role at Procter & Gamble, where she served as Treasurer and Controller, managing corporate finance, accounting, global treasury, and business development. She currently serves on the boards of McCormick & Company and KDC-One, and holds a Master of Science from Purdue University's Krannert School.
The company has initiated a search for a permanent CFO through a nationally recognized search firm.
Ibotta (NYSE: IBTA), la più grande rete di promozioni digitali in Nord America, annuncia la nomina di Valarie Sheppard come Chief Financial Officer (CFO) ad interim, con effetto immediato. Questa modifica segue la partenza dell'attuale CFO Sunit Patel, che lascia per perseguire un'opportunità nel settore delle telecomunicazioni, ma rimarrà come consulente per almeno un anno.
Sheppard, che fa parte del consiglio di amministrazione di Ibotta dal 2021, porta con sé una significativa esperienza dalla sua precedente posizione in Procter & Gamble, dove ha ricoperto il ruolo di Tesoriere e Controller, gestendo finanza aziendale, contabilità, tesoreria globale e sviluppo commerciale. Attualmente è membro dei consigli di McCormick & Company e KDC-One, e possiede un Master of Science dalla Krannert School dell'Università di Purdue.
L'azienda ha avviato una ricerca per un CFO permanente attraverso una società di ricerca riconosciuta a livello nazionale.
Ibotta (NYSE: IBTA), la red de promociones digitales más grande de América del Norte, anuncia el nombramiento de Valarie Sheppard como directora financiera interina (CFO), con efecto inmediato. Este cambio sigue a la salida del actual CFO Sunit Patel, quien se va para buscar una oportunidad en el sector de telecomunicaciones, pero permanecerá como asesor durante al menos un año.
Sheppard, quien ha sido miembro de la junta de Ibotta desde 2021, aporta una experiencia significativa de su anterior cargo en Procter & Gamble, donde se desempeñó como Tesorera y Controladora, gestionando finanzas corporativas, contabilidad, tesorería global y desarrollo empresarial. Actualmente, forma parte de las juntas de McCormick & Company y KDC-One, y posee una Maestría en Ciencias de la Escuela Krannert de la Universidad de Purdue.
La empresa ha iniciado una búsqueda de un CFO permanente a través de una firma de búsqueda reconocida a nivel nacional.
Ibotta (NYSE: IBTA), 북미 최대의 디지털 프로모션 네트워크, Valarie Sheppard를 임시 최고재무책임자(CFO)로 즉시 임명한다고 발표했습니다. 이번 변화는 현재 CFO인 Sunit Patel의 퇴사에 따른 것으로, Patel은 통신 분야에서의 기회를 추구하기 위해 떠나지만 최소 1년 동안 고문으로 남을 것입니다.
Sheppard는 2021년부터 Ibotta의 이사로 재직해 왔으며, Procter & Gamble에서 재무 담당자 및 회계 담당자로 근무하며 기업 금융, 회계, 글로벌 재무 및 사업 개발을 관리한 풍부한 경험을 가지고 있습니다. 현재 McCormick & Company와 KDC-One의 이사로 활동하고 있으며, Purdue University의 Krannert School에서 과학 석사 학위를 보유하고 있습니다.
회사는 전국적으로 인정받는 검색 회사를 통해 영구 CFO를 위한 검색을 시작했습니다.
Ibotta (NYSE: IBTA), le plus grand réseau de promotions numériques en Amérique du Nord, annonce la nomination de Valarie Sheppard en tant que directrice financière par intérim (CFO), avec effet immédiat. Ce changement fait suite au départ de l'actuelle CFO Sunit Patel, qui quitte pour poursuivre une opportunité dans le secteur des télécommunications, mais restera conseiller pendant au moins un an.
Sheppard, qui siège au conseil d'administration d'Ibotta depuis 2021, apporte une expérience significative de son précédent poste chez Procter & Gamble, où elle a occupé les fonctions de trésorière et de contrôleur, gérant les finances d'entreprise, la comptabilité, la trésorerie mondiale et le développement commercial. Elle siège actuellement aux conseils d'administration de McCormick & Company et KDC-One, et détient une maîtrise en sciences de l'école Krannert de l'Université de Purdue.
L'entreprise a lancé une recherche pour un CFO permanent par l'intermédiaire d'une société de recherche reconnue au niveau national.
Ibotta (NYSE: IBTA), das größte digitale Promotionsnetzwerk in Nordamerika, gibt die Ernennung von Valarie Sheppard zur kommissarischen Finanzvorstand (CFO) mit sofortiger Wirkung bekannt. Diese Änderung folgt auf den Rücktritt des aktuellen CFO Sunit Patel, der das Unternehmen verlässt, um eine Möglichkeit im Telekommunikationssektor zu verfolgen, aber mindestens ein Jahr lang als Berater bleiben wird.
Sheppard, die seit 2021 im Vorstand von Ibotta tätig ist, bringt umfassende Erfahrungen aus ihrer früheren Rolle bei Procter & Gamble mit, wo sie als Schatzmeisterin und Controllerin tätig war und Unternehmensfinanzen, Buchhaltung, globale Treasury und Geschäftsentwicklung leitete. Derzeit ist sie Mitglied der Vorstände von McCormick & Company und KDC-One und hat einen Master of Science von der Krannert School der Purdue University.
Das Unternehmen hat eine Suche nach einem dauerhaften CFO über eine national anerkanntes Suchunternehmen eingeleitet.
- New interim CFO brings extensive financial expertise from Procter & Gamble
- Departing CFO will remain as advisor for one year ensuring smooth transition
- Company maintains continuity with board member stepping into interim role
- Unexpected departure of CFO who led company through NYSE listing
- Temporary leadership situation in key financial role
- Additional costs likely for executive search process
"With decades of experience and a deep understanding of the consumer packaged goods industry, Valarie has proven to be an indispensable advisor to Ibotta since joining our board in 2021, and is well suited to step into this role," said Bryan Leach, CEO, Ibotta. "I'm confident that her extensive financial expertise makes her the right choice to guide us during this transition, while we continue to execute on our strategic priorities.”
At Procter & Gamble, Sheppard held the role of Treasurer and Controller and led corporate finance and accounting, global treasury and global business development for the organization. In addition to Ibotta, Sheppard also serves as a board member for McCormick & Company, and KDC-One, a privately held value-added supplier of household and personal care goods. Sheppard holds a Master of Science from Purdue University's Krannert School of Management.
“On behalf of our entire company, I want to thank Sunit for his leadership and contributions,” said Leach. “Under his guidance, we took Ibotta public, becoming IBTA on the NYSE, and built a best-in-class finance organization. I wish him the best in his future endeavors.”
Ibotta has engaged a nationally recognized search firm to identify a permanent Chief Financial Officer.
About Ibotta ("I bought a...")
Ibotta (NYSE: IBTA) is the leading provider of digital promotions for CPG brands, reaching over 200 million consumers through a network of publishers called the Ibotta Performance Network (IPN). The IPN allows marketers to influence what people buy, and where and how often they shop – all while paying only when their campaigns directly result in a sale. American shoppers have earned over
View source version on businesswire.com: https://www.businesswire.com/news/home/20250314724144/en/
Corporate Communications
Hilary O’Byrne, hilary.obyrne@ibotta.com
Investor Relations
Shalin Patel, shalin.patel@ibotta.com
Source: Ibotta, Inc.
FAQ
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