- General
- June 29, 2019
- 4 minutes read
Postmates Adds Google’s Kristin Reinke To Board
Kristin Reinke image: Postmates Not long after hiring a long-time Apple engineer to work on its delivery robot, Postmates has announced…
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| Kristin Reinke
image: Postmates
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Not long after hiring a long-time Apple engineer to work on its delivery robot, Postmates has announced the addition of Kristin Reinke, Google’s vice president of finance, to its board. Reinke will join Postmates as an independent director. Her appointment signals preparations by Postmates in anticipation of an IPO.
Reinke has been on Google’s finance team since 2005. She previously worked at Oracle, where she headed Global Business Practices for its Alliances & Channels division. Reinke is joining a board that includes Postmates’ founders and representatives from investors Founders Fund, Spark Capital and Tiger Global.
“As Postmates continues to innovate and shape the on-demand delivery category, Kristin brings a wide range of financial expertise and experience to our board of directors,” Postmates CEO Bastian Lehmann said in a statement. “Given her impressive track record at Google and Oracle, I am confident her leadership will have meaningful impact on Postmates as we continue to grow.”
Postmates, launched in 2011, was last valued at $1.85 billion post-money. The company is one among several high-valued companies — to name a few, Peloton, Livongo and Medallia – that have recently filed for IPOs.
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