Pinterest names James Dibbo CFO effective October 26
Dibbo's disclosed package includes a $650,000 base salary, a target cash bonus equal to 100% of salary, and equity awards with stated conditions.
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Form Type
8-K
Rhea-AI Filing Summary
Pinterest, Inc. (PINS) appointed James Dibbo chief financial officer effective October 26, 2026, and principal financial officer effective October 30, 2026. His annual base salary is $650,000; he is eligible for an annual cash incentive bonus targeted at 100% of base salary, prorated for 2026 based on his start date.
Subject to approval by the Talent Development and Compensation Committee, Dibbo will receive restricted stock unit awards with an aggregate initial value of $19,980,000: $1,980,000 vests in December 2026 and $18,000,000 vests quarterly from March 2027 through December 2028, subject to continued service. Performance share awards have a target value of $3,200,000, based on relative total shareholder return over 12- and 24-month periods. Pinterest anticipates granting an additional $9,000,000 restricted stock unit award in April 2027, subject to continued employment, vesting quarterly in 2029. Julia Brau Donnelly will cease as CFO October 26, remain principal financial officer and advisor through October 30, and depart to pursue another opportunity. Vikram Naidu will remain Vice President, Finance and Business Operations and will not assume the interim principal financial officer role.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
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.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Annual base salary: $650,000
Annual cash incentive bonus target: 100% of annual base salary
Initial-value restricted stock unit awards: $19,980,000
+5 more
8 metrics
Annual base salary
$650,000
Dibbo's compensation
Annual cash incentive bonus target
100% of annual base salary
Prorated for 2026 based on his start date
Initial-value restricted stock unit awards
$19,980,000
Subject to committee approval
Restricted stock unit award
$1,980,000
Vests 100% in December 2026, subject to continued service
Restricted stock unit award
$18,000,000
Vests quarterly from March 2027 through December 2028, subject to continued service
Target value of performance share awards
$3,200,000
Based on relative total shareholder return over 12- and 24-month performance periods
Anticipated restricted stock unit award
$9,000,000
Anticipated for April 2027, subject to continued employment
Monthly active users
640 million
Worldwide
Key Terms
restricted stock unit awards, performance share awards, relative total shareholder return, principal financial officer
4 terms
restricted stock unit awards financial
"restricted stock unit awards with an aggregate initial value"
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
principal financial officer financial
"as its principal financial officer"
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What compensation will James Dibbo receive as Pinterest's CFO?
James Dibbo will receive a $650,000 annual base salary and be eligible for an annual cash incentive bonus targeted at 100% of base salary, prorated for 2026 based on his start date. Subject to committee approval, he will receive $19,980,000 in initial-value restricted stock unit awards and $3,200,000 in target-value performance share awards. Pinterest anticipates an additional $9,000,000 restricted stock unit award in April 2027, subject to continued employment.
Who is Pinterest's new CFO and what will he oversee?
James Dibbo will lead Pinterest's global finance organization and report to CEO Bill Ready. At Amazon, he most recently served as Vice President and CFO for Global Entertainment, Advertising and Corporate Development, with finance responsibilities across Amazon Ads, Prime Video, Amazon MGM Studios, Music, Audible and Twitch.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
________________________
FORM 8-K
________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): October 1, 2026
_________________________
(Exact Name of Registrant as Specified in its Charter)
_________________________
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices, including zip code)
(415 ) 762-7100
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
_________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
| | ||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ((§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 1, 2026, Pinterest, Inc. (“Pinterest” or the “Company”) appointed James Dibbo, age 56, as its Chief Financial Officer, effective October 26, 2026, and as its principal financial officer, effective October 30, 2026. From January 2021 through September 2026, Mr. Dibbo served as the Vice President and Chief Financial Officer for Global Entertainment, Advertising and Corporate Development at Amazon.com, Inc. In that role, he led finance for businesses including Amazon Ads, Prime Video, Amazon MGM Studios, Music, Audible, and Twitch, and partnered on corporate development activity across the portfolio. Prior to that role, Mr. Dibbo held a number of senior finance leadership positions at Amazon since 2016, including serving as Chief Financial Officer of Worldwide Consumer and Chief Financial Officer of North America Consumer. Prior to joining Amazon, Mr. Dibbo served as Chief Financial Officer of P.F. Chang’s and held senior finance leadership positions at Tesco PLC and BT Group plc. Mr. Dibbo started his finance career at PwC in London. Mr. Dibbo holds a B.S. in Economics from Cardiff University, UK and is a Chartered Accountant (FCA).
On October 1, 2026, the Company entered into an Offer Letter (“Offer Letter”) with Mr. Dibbo in connection with his employment as Chief Financial Officer. Pursuant to his Offer Letter, Mr. Dibbo will receive an annual base salary of $650,000 and will be eligible for an annual cash incentive bonus with a target equal to 100% of his annual base salary, prorated for 2026 based on his start date. Subject to the approval of the Talent Development and Compensation Committee of the Company’s Board of Directors, and pursuant to the Company’s 2019 Omnibus Incentive Plan, Mr. Dibbo will receive (a) restricted stock unit awards with an aggregate initial value of $19,980,000, consisting of: (i) a $1,980,000 award which will vest 100% in December 2026; and (ii) an $18,000,000 award vesting quarterly beginning March 2027 through December 2028, in each case subject to continued service through each vesting date; and (b) performance share awards with an aggregate target value of $3,200,000, with the amount to be earned based on the Company’s relative total shareholder return over 12-month and 24-month performance periods. Also, subject to his continued employment, the Company anticipates granting Mr. Dibbo an additional restricted stock unit award with an initial value of $9,000,000 in April 2027, which will vest on a quarterly basis in 2029, subject to continued service through each vesting date.
The foregoing description of the Offer Letter is only a summary and is qualified in its entirety by the full text of the Offer Letter, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K. The Company will also enter into its standard form of indemnification agreement with Mr. Dibbo, which was previously filed by the Company as Exhibit 10.1 to the Company’s Form 10-Q filed on November 4, 2025. In addition, Mr. Dibbo will be eligible to participate in the Pinterest, Inc. Severance and Change in Control Plan for Employees in Level 21 Positions.
There are no family relationships between Mr. Dibbo and any director or executive officer of the Company, and there are no arrangements or understandings between Mr. Dibbo and any other person pursuant to which he was selected as an officer. Mr. Dibbo is not a party to any current or proposed transaction with the Company for which disclosure would be required under Item 404(a) of Regulation S-K.
As previously disclosed, Julia Brau Donnelly will depart from the Company to pursue another opportunity on October 30, 2026. In connection with Mr. Dibbo’s appointment, Ms. Donnelly will cease serving as the Company’s Chief Financial Officer effective October 26, 2026, but will continue serving as the Company’s principal financial officer and as an advisor to the Company through October 30, 2026. In addition, in light of Mr. Dibbo’s appointment, Vikram Naidu will not assume the role of interim principal financial officer as previously disclosed, and will continue to serve as the Company’s Vice President, Finance and Business Operations.
Item 7.01. Regulation FD Disclosure.
On October 5, 2026, the Company issued a press release announcing the appointment of Mr. Dibbo as Chief Financial Officer of the Company. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information in this Item 7.01, including Exhibit 99.1, shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
| Exhibit No. | Description | ||||
| 10.1 | Offer Letter, dated October 1, 2026, between Pinterest, Inc. and James Dibbo | ||||
| 99.1 | Press Release issued by Pinterest, Inc., dated October 5, 2026 (furnished under Item 7.01) | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PINTEREST, INC. | ||||||||
| Date: October 5, 2026 | By: | /s/ Wanji Walcott | ||||||
| Wanji Walcott | ||||||||
| Chief Legal and Business Affairs Officer and Corporate Secretary | ||||||||
Pinterest Appoints James Dibbo Chief Financial Officer Former Amazon finance leader brings deep experience scaling global consumer, media, shopping and advertising businesses SAN FRANCISCO — October 5, 2026 — Pinterest, Inc. (NYSE: PINS) today announced that James Dibbo has been appointed Chief Financial Officer, effective October 26, 2026. Dibbo will report to Bill Ready, Pinterest’s Chief Executive Officer, and will lead the company’s global finance organization, including finance, accounting, FP&A, investor relations, treasury, tax, business and corporate development, internal audit and workplace. Dibbo joins Pinterest from Amazon, where he most recently served as Vice President and Chief Financial Officer for Global Entertainment, Advertising and Corporate Development. In that role, he led finance for businesses including Amazon Ads, Prime Video, Amazon MGM Studios, Music, Audible and Twitch, and partnered on corporate development activity across the portfolio. During his decade at Amazon, Dibbo also served as CFO of Worldwide Consumer and CFO of North America Consumer, helping to scale global operations, strengthen profitability and build the systems and teams required for sustained growth. “James is an exceptional finance leader with the operating rigor, strategic range and growth mindset that will greatly benefit Pinterest in our next chapter,” said Bill Ready, Chief Executive Officer of Pinterest. “James has led complex global businesses at scale, helped build high-performing teams and understands the intersection of consumer experience, shopping, advertising and technology. As we continue to make Pinterest more actionable for our users and more valuable for advertisers, James will be an outstanding partner to our leadership team and Board.” “I have long admired Pinterest’s distinctive role at the intersection of visual search, shopping and advertising,” said Dibbo. “Pinterest has a compelling opportunity to help people turn inspiration into action while delivering meaningful value for advertisers. I am excited to join Bill, the Board and the team to build on the company’s momentum, invest thoughtfully for the future and create long-term value for shareholders.” Before Amazon, Dibbo was CFO of P.F. Chang’s. He previously held senior finance leadership positions at Tesco and at BT Group. He started his finance career at PwC in London. He holds a B.S. in Economics from Cardiff University and is a Chartered Accountant (FCA). Dibbo succeeds Julia Brau Donnelly, who will cease serving as Pinterest’s Chief Financial Officer effective October 26, 2026 but will remain with Pinterest in an advisory capacity through October 30, 2026 to support an orderly transition. Pinterest is grateful for Julia’s leadership and contributions to the company. About Pinterest
Pinterest is a visual search and shopping platform where people find inspiration, curate ideas and shop products. Pinterest is headquartered in San Francisco and has 640 million monthly active users worldwide. Available on iOS and Android, and at pinterest.com. Forward-looking statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, among other things, statements regarding the expected timing and completion of the planned Chief Financial Officer transition; Mr. Dibbo’s anticipated role and responsibilities; Pinterest’s business strategy, growth opportunities, investments and long-term value creation; and the expected benefits of Mr. Dibbo’s appointment. Forward-looking statements can be identified by words such as “believe,” “expect,” “may,” “will,” “can,” “could,” “would,” “might,” “continue,” “intend,” “plan,” “strategy,” “goal,” “target,” “anticipate,” “potential,” “long-term” and similar expressions, or by discussions of strategy, plans or intentions. These statements involve known and unknown risks, uncertainties, assumptions and other important factors that could cause actual results or outcomes to differ materially from those expressed or implied by the forward-looking statements. These factors include, among others: our ability to attract, retain and integrate key personnel and complete an orderly transition in the Chief Financial Officer role; our ability to execute our business strategy and transformation initiatives; our ability to attract, retain and engage users, creators and advertisers; our ability to develop successful products and tools for users and advertisers, including those incorporating artificial intelligence; our ability to scale and monetize our platform; competition; general economic, political and market conditions; and the other risks described in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q and other filings with the Securities and Exchange Commission. All forward-looking statements are based on information available to us as of the date of this press release. You should not place undue reliance on these statements. We undertake no obligation to update any forward-looking statement to reflect new information or future events, except as required by law. ### Contacts: Press: press@pinterest.com Investor Relations: ir@pinterest.com