Nejatian succeeds
'Kaz is the right person to succeed
Lutke continued, 'As we position Shopify for the future, the addition of Jeff to our leadership team will continue to strengthen our ability to deliver value for our merchants, partners and investors. We are fortunate to benefit from his more than 20 years of investment banking experience in the technology sector, and his keen vision of the future of the industry.'
'On behalf of everyone at Shopify, I want to thank Amy for her significant contributions to our company. Over the past five years, Amy has been an important partner in helping to advance our strategy. Her financial expertise, steady hand, and deep connection to our company's mission were invaluable as we scaled our finance function during a period of rapid growth for Shopify. We wish her the best in the next phase of her career, and are grateful for her partnership in ensuring a smooth and orderly succession,' Lutke said.
Nejatian said, 'It's a thrill to take on the role of Chief Operating Officer, where I look forward to ensuring our product-led ethos is front and center in all we do. Our merchants are at the center of everything we do at Shopify, and helping them run their businesses and reach their goals in today's dynamic market is more important than ever. There are so many opportunities ahead for our organization and I look forward to continuing to work closely with our talented team as Shopify's VP of Product and COO.'
'I am honored to join Shopify as CFO at such an important time in the Company's history,' Hoffmeister said. 'Having served as a trusted advisor to Shopify for many years, including leading its IPO, I look forward to leveraging my deep industry experience and working closely with Tobi and the rest of Shopify's talented team to strengthen the Company's global leadership position and advance its mission of making commerce better for everyone.'
'I am deeply honored to have served as Shopify's CFO and proud of the progress we've made, the team we built and the massive scaling we achieved together,' said Shapero. 'Since 2018, I've watched Shopify grow into an international and world-class organization serving millions of merchants in more than 175 countries, and it has been a career highlight to be a part of this amazing story. Shopify continues to have a massive opportunity in front of it, and I look forward to watching the company's continued success under Jeff's leadership, long into the future.'
About
As the Vice President of Product,
Kaz's role at Shopify is the culmination of lifetime interests in entrepreneurship, finance, and technology. As the son of a small business owner (fun fact: Kaz's mother now runs her business on Shopify), Kaz was hacking credit card terminals by the age of 12. After working as a lawyer in his early career, Kaz parlayed his life interests into co-founding and serving as the CEO of Kash, a payment technology company. Kash was one of the early players in giving small businesses access to mobile payments technology for brick-and-mortar stores, and was acquired in 2017 by one of the largest fintech companies in the
Kaz is a graduate of
About
Jeff has significant experience leading high-profile tech companies in a variety of transactions, including initial public offerings, follow-on offerings, convertible notes, equity and debt financings and M&A transactions. Notably, Jeff helped lead IPOs for dozens of companies, including Shopify.
He graduated from
About Shopify
Shopify is a leading provider of essential internet infrastructure for commerce, offering trusted tools to start, grow, market, and manage a retail business of any size. Shopify makes commerce better for everyone with a platform and services that are engineered for reliability, while delivering a better shopping experience for consumers everywhere. Proudly founded in Ottawa, Shopify powers millions of businesses in more than 175 countries and is trusted by brands such as
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