I look forward to continuing to partner with Ben and the team at Pinterest on the company’s ambitious evolution into the global platform where creators and merchants inspire people to create a life they love," he added. "After long reflection on how I can best grow my ability to serve, I’ve decided to shift my focus and join Jony Ive and the remarkable creative collective he’s assembled at LoveFrom. Together we’ve built Pinterest: a technology company and platform that is a positive ‘home of inspiration’ for hundreds of millions of people around the world," said Sharp, in a statement. Subsequent lawsuits have followed."Reflecting back over the last decade, I feel filled with gratitude and pride at what our team and our community have achieved. The investor alleged a breach of fiduciary duty and abuse of control, among other claims, and said the concerns stemmed from discrimination on the basis of race and sex of the company’s employees. ![]() Mr Sharp is named as one of nine defendants in that suit, apart from the company itself. That suit followed public complaints by two Black women who left Pinterest earlier in the year and said the company underpaid them and that their own discrimination claims were ignored by human resources.Ī pension fund also sued the company and a group of executives and board directors on behalf of shareholders in late 2020, accusing Pinterest of “illegal discrimination.” Pinterest paid $20 million to settle a gender discrimination lawsuit filed by former COO Francoise Brougher last December. The departure comes at a complicated time for Pinterest, which is dealing with a number of accusations from former employees that the company discriminated against female workers. The stock hit an all-time high in February, but has since fallen more than 42 per cent, closing at $51.57 Wednesday, as usage has slowed with the pandemic’s easing. Pinterest, which went public in April 2019, benefited during the pandemic when people stuck at home moved online to fill time. He’ll continue to serve on Pinterest’s board, and also has a new role advising the company on strategy, product, design, brand and culture, Pinterest said in its blog post. Mr Sharp is credited with designing and building the original Pinterest product, and oversees the user experience, according to a company statement posted online Wednesday. “But when I think about how to create a life that I love, one thing is clear to me: I really, really want to grow as a designer and product builder.” What job will ever be able to compete with leading Pinterest? None,” Mr Sharp wrote in an internal note to employees seen by Bloomberg. ![]() ![]() “As you might imagine, this is a tough decision for me. He has overseen the product and design teams for the digital search and scrapbooking platform since 2011, according to a company filing, and has an ownership stake that gives him about a 6 per cent of Pinterest’s voting control. Mr Sharp is Pinterest’s chief design and creative officer, and as co-founder, sits on the board of directors. Pinterest co-founder Evan Sharp is stepping down from the company and plans to join LoveFrom, the design firm founded by former Apple executive Jony Ive.
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