Pinterest Inc.
08/07/2026 | Press release | Distributed by Public on 08/07/2026 04:35
Management Change/Compensation (Form 8-K)
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 5, 2026, Pinterest, Inc. ("Pinterest" or the "Company"), appointed Renee Jewell, age 50, as its Chief Accounting Officer, effective August 26, 2026. Ms. Jewell currently serves as the Controller of Airbnb Inc. and Chief Financial Officer of Airbnb Payments Inc., positions she has held since May 2018 and July 2020, respectively. Prior to joining Airbnb, Ms. Jewell held various roles of increasing responsibility at eBay Inc. and PricewaterhouseCoopers. Ms. Jewell is a certified public accountant and graduated from the University of California, Berkeley, with a Bachelor of Science in business administration.
Pursuant to an offer letter, Ms. Jewell is eligible to receive (i) an initial annual base salary of $450,000; (ii) a cash sign-on bonus of $225,000, subject to continued service; (iii) an award of restricted stock units pursuant to the Company's 2019 Omnibus Incentive Plan with an aggregate value of $2,550,000, which will vest on a quarterly basis at 50% in the first year, 33% in the second year, and 17% in the third year, subject to continued service through each vesting date; and (iv) an annual cash bonus with a target value of 50% of her base salary, prorated for partial-year service. The Company also intends to enter into its standard form of indemnification agreement with Ms. Jewell, which was previously filed by the Company as Exhibit 10.1 to the Company's Form 10-Q filed on November 4, 2025.
There are no family relationships between Ms. Jewell and any Company director or executive officer, and there are no arrangements or understandings between Ms. Jewell and any other person pursuant to which she was selected as an officer. Ms. Jewell is not a party to any current or proposed transaction with the Company for which disclosure would be required under Item 404(a) of Regulation S-K of the Securities Exchange Act of 1934, as amended.
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