Pinterest Appoints Instacart CFO Emily Reuter to Board of Directors to Support AI-Powered Shopping Strategy

Pinterest Inc. (NYSE:PINS) is one of the most undervalued stocks to buy and hold for 5 years. On September 18, Pinterest announced that Emily Reuter, the Chief Financial Officer/CFO of Maplebear Inc. or Instacart (NASDAQ:CART), has been appointed to its Board of Directors. Reuter brings significant executive experience, having successfully scaled dynamic technology and e-commerce businesses, including Instacart and Uber (NYSE:UBER).

Pinterest CEO Bill Ready stated that Reuter’s experience will be invaluable as the company executes its strategy of becoming a global leader in AI-powered shopping. Reuter joined Instacart in 2024 and currently leads the company’s finance, accounting, and corporate development functions as CFO.

Pinterest Appoints Instacart CFO Emily Reuter to Board of Directors to Support AI-Powered Shopping Strategy

Prior to Instacart, she spent a ~decade at Uber in various senior finance and operational roles, including serving as CFO for its most profitable segment, the Mobility business. Reuter expressed her anticipation for the role, noting that Pinterest, with its over half a billion monthly active users worldwide, is uniquely positioned to expand its global scale through technology and AI.

Pinterest Inc. (NYSE:PINS) is a visual search and discovery platform in the US, Canada, Europe, and internationally.

While we acknowledge the potential of PINS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PINS and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.