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Eventbrite appoints new CFO
By Chris Cooke | Published on Monday 12 August 2019
Eventbrite announced the appointment of a new CFO last week, with Lanny Baker joining the self-service ticketing firm from Yelp next month. He takes over from Randy Befumo, who has shifted over to become Eventbrite’s Chief Strategy Officer.
Confirming the hire, the firm’s CEO Julia Hartz said: “I can’t think of a better partner than Lanny to help lead the company through our next phase of growth. His experience scaling high-growth public companies and deep knowledge of how technology platforms can transform industries will be instrumental in helping us continue to drive sustainable long-term growth and value for our shareholders”.
“I’m excited to join Eventbrite at such a critical point in the company’s journey,” Baker himself added. “The team has built a robust platform where the interests of the business are directly aligned to the interests of customers. I’m inspired by the opportunities to build upon the position Eventbrite has already established and look forward to helping further the company’s mission by building a self-serve, business enablement platform for event creators”.
Eventbrite’s finances have been under much greater scrutiny since it became a publicly listed company last year, of course. It’s first year on the New York Stock Exchange has not been without controversy, with some investors claiming that the business made misleading statements ahead of its IPO, failing to reveal the challenges it was facing integrating the operations of Ticketfly, the rival in bought in 2017.
