Pinterest (NYSE: PINS) taps Airbnb finance leader Renee Jewell as new CAO
Rhea-AI Filing Summary
Pinterest, Inc. appointed Renee Jewell, age 50, as Chief Accounting Officer, effective August 26, 2026. She currently serves as Controller of Airbnb Inc. and Chief Financial Officer of Airbnb Payments Inc., and previously held roles at eBay Inc. and PricewaterhouseCoopers. Jewell is a certified public accountant and a graduate of the University of California, Berkeley.
Her compensation package includes an initial annual base salary of $450,000, a cash sign-on bonus of $225,000 subject to continued service, and restricted stock units valued at $2,550,000 vesting quarterly at 50% in year one, 33% in year two, and 17% in year three, plus an annual cash bonus targeted at 50% of base salary. The company plans to enter into its standard indemnification agreement with her and states there are no family relationships or related-party transactions requiring disclosure.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Base salary: $450,000
Sign-on bonus: $225,000
RSU grant value: $2,550,000
+5 more
8 metrics
Base salary
$450,000
Initial annual base salary for Chief Accounting Officer role
Sign-on bonus
$225,000
Cash sign-on bonus subject to continued service
RSU grant value
$2,550,000
Aggregate value of restricted stock units under 2019 Omnibus Incentive Plan
Year 1 RSU vesting
50%
Portion of RSU award vesting in the first year
Year 2 RSU vesting
33%
Portion of RSU award vesting in the second year
Year 3 RSU vesting
17%
Portion of RSU award vesting in the third year
Bonus target
50%
Target annual cash bonus as a percentage of base salary
Effective date
August 26, 2026
Effective date of Renee Jewell’s appointment as Chief Accounting Officer
Key Terms
restricted stock units, 2019 Omnibus Incentive Plan, indemnification agreement, Item 404(a) of Regulation S-K, +1 more
5 terms
restricted stock units financial
"an award of restricted stock units pursuant to the Company’s 2019 Omnibus"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2019 Omnibus Incentive Plan financial
"restricted stock units pursuant to the Company’s 2019 Omnibus Incentive Plan"
indemnification agreement regulatory
"The Company also intends to enter into its standard form of indemnification agreement"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
Item 404(a) of Regulation S-K regulatory
"transaction with the Company for which disclosure would be required under Item 404(a) of Regulation S-K"
Chief Accounting Officer financial
"appointed Renee Jewell, age 50, as its Chief Accounting Officer, effective"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What executive role did Pinterest (PINS) announce for Renee Jewell?
Pinterest appointed Renee Jewell as its Chief Accounting Officer, effective August 26, 2026. She joins from Airbnb, where she serves as Controller of Airbnb Inc. and CFO of Airbnb Payments Inc., with prior experience at eBay and PwC.
What is the base salary for Pinterest (PINS) Chief Accounting Officer Renee Jewell?
Renee Jewell’s initial annual base salary is $450,000. In addition to this fixed compensation, her package includes a cash sign-on bonus, a significant restricted stock unit grant, and eligibility for an annual performance-based cash bonus equal to 50% of base salary.
What equity compensation will Renee Jewell receive at Pinterest (PINS)?
Renee Jewell is eligible for $2,550,000 in restricted stock units under Pinterest’s 2019 Omnibus Incentive Plan. These RSUs vest quarterly over three years: 50% in the first year, 33% in the second year, and 17% in the third year, subject to continued service.
Does Renee Jewell receive a sign-on bonus from Pinterest (PINS)?
Yes. Renee Jewell is eligible for a $225,000 cash sign-on bonus, subject to continued service. This payment is part of her broader compensation package, which also includes base salary, restricted stock units, and an annual performance-based cash bonus opportunity.
Is Renee Jewell’s annual bonus at Pinterest (PINS) performance-based?
Renee Jewell is eligible for an annual cash bonus with a target of 50% of her base salary. The bonus is subject to company and/or individual performance criteria and will be prorated for any partial year of service in her Chief Accounting Officer role.