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President Tim Kendall Is Leaving Pinterest

President Tim Kendall Is Leaving Pinterest
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Pinterest’s president and chief business executive Tim Kendall is leaving the company to “start his own venture,” Pinterest announced on Thursday.

Kendall was the former Director of Monetization at Facebook. He joined Pinterest in 2012 to build its then-non-existent advertising business. He oversaw the launch of Promoted Pins in 2014 and the subsequent expansion of Pinterest’s ad business into search and video advertising. Kendall also helped the company generate $300 million in revenue last year.

His departure from Pinterest comes as the photo discovery platform reportedly expects to make roughly $500 million in ad revenue this year and mulls an eventual initial public offering. He is leaving Pinterest to launch a startup aimed at fighting tech device addiction.

“Tim has made important contributions to Pinterest and we are pleased that he will continue to serve as an advisor to the company,” Pinterest said in an emailed statement. “Jon Alferness, Senior Vice President for Ads and Commerce, will now lead the world-class team driving our rapidly growing ads business. Our focus continues to be measurable and actionable results for our partners while giving Pinners relevant ideas to help them discover and do new things.”

Replacing Kendall as the head of the company’s advertising business will be Jon Alferness, a long time Google executive, who was poached by Pinterest in July of this year, to serve as its head of ad products. Alferness has been promoted to senior VP of ads and commerce and will report directly to Pinterest CEO Ben Silbermann.

Here’s Pinterest’s statement:

Tim Kendall is leaving Pinterest after nearly six years to start his own venture. Tim has made important contributions to Pinterest and we are pleased that he will continue to serve as an advisor to the company. Jon Alferness, Senior Vice President for Ads and Commerce, will now lead the world-class team driving our rapidly growing ads business. Our focus continues to be measurable and actionable results for our partners while giving Pinners relevant ideas to help them discover and do new things.


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Megha Shah
Megha Shah
A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she was a child. Apart from being a part-time writer, Megha is currently in college, pursuing B. Com. (Hons). Megha is an ardent follower of ‘Hardship, Hustle and Heart’ and firmly believes in the power of hard work and destiny!

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