Instacart is turning to a Facebook legend to help build the grocery delivery leader into the next trillion-dollar tech company.
Instacart has named Fidji Simo as its next CEO, effective Aug. 2. Simo replaces Instacart founder and current CEO Apoorva Mehta, who will transition to executive chairman of the board.
Simo, who joined Instacart’s board of directors in January, was the mastermind behind many of Facebook’s biggest launches including News Feed, Stories, Groups, Video, Marketplace, Gaming, News, Dating, Ads and more.
Source: Canadian Grocer