Instacart announced that Chris Rogers, its chief business officer since 2019, will become the new CEO, succeeding Fidji Simo effective August 15. Simo led the company through a successful IPO, and under her leadership, Instacart saw stock prices rise significantly. Rogers, who has extensive operational experience and knowledge of Instacart's internal and external relationships, aims to maintain the company's growth momentum and strategy despite economic challenges. His background includes nearly 11 years at Apple, where he held various leadership roles.
"We chose Chris because the company needs a leader who understands all our partners deeply, has immense operational experience, and can mobilize teams around our vision."
"Our opportunity is massive, and I'm excited to lead this team as we build on our momentum."
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