February 27, 2018 / 5:02 PM / 4 months ago

Pinterest hires former Google exec as its first COO

Feb 27 (Reuters) - Photo pin-up website Pinterest on Tuesday appointed Francoise Brougher, a former executive at Alphabet Inc , as its first chief operating officer.

Brougher, most recently the business lead at Square Inc , will be responsible for supervising Pinterest’s operations around the world and will lead its sales.

Brougher, whose appointment is effective March 12, will be based out of Pinterest’s headquarters in San Francisco and report to Chief Executive Officer Ben Silbermann.

The first COO announcement is part of the maturation of a company as it nears an initial public offering.

Pinterest has more than 200 million monthly active users worldwide collecting and pinning photos related to cooking, designing, travel and other interests on its website.

The company, backed by Andreessen Horowitz, Fidelity Investments and Goldman Sachs among others, has a market valuation of more than $12 billion. (Reporting by Heather Somerville in San Francisco and Laharee Chatterjee in Bengaluru; Editing by Maju Samuel)

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