Shopify has appointed Amy Shapero, former chief financial officer of online wealth management platform Betterment, as its new CFO.
Shapero has acted as New York-based Betterment’s CFO since 2016. Before that, she’s had a string of leadership roles at SaaS companies, including CFO at Sailthru, a marketing automation platform, and SVP of strategy, corporate development and corporate communications at DigitalGlobe, a big data and analytics provider.
“We’re excited to welcome Amy to Shopify as our new CFO,” said Shopify CEO Tobi Lütke. “Amy brings extensive financial, operational, and strategic experience. This, combined with her deep knowledge of the technology industry and experience scaling high-growth companies, will be a huge asset to Shopify as we enter our next phase of growth and further our mission to make commerce better for everyone.”
Shapero will succeed Russ Jones, who has served as Shopify’s CFO since 2011. Jones will remain a strategic advisor to the company during a transition period. Shapero’s role will be effective April 2.
“Russ was Shopify’s first CFO, and now he’s our first official retiree. He leaves behind an incredible legacy at Shopify, which includes taking us public,” said Lütke. “In the last seven years, Russ has been instrumental in growing Shopify from a 50-person company to a leading public SaaS company with over 3,000 employees. We’re very grateful to Russ for his valuable contributions and wish him all the best as he begins his well-deserved retirement.”
Shopify also announced the addition of Jeff Weiser as chief marketing officer. Weiser’s past roles include acting as as CMO at Shutterstock, and senior roles at Beachbody and strategy and analytics roles at Social Gaming Network, Yahoo, and MySpace.
Craig Miller, Shopify’s former CMO, will now focus exclusively on his role as chief product officer.