Tech Moves: CFO shuffles at Remitly and F5; Flexport exec joins DoorDash; and more

Seattle-based digital monetary companies agency Remitly employed Vikas Mehta as its new chief monetary officer, the corporate introduced Wednesday.

Mehta was most lately CFO of Komodo Well being and held the identical position at Anaplan and Nike Direct. He additionally labored in finance management roles at Walmart and Microsoft, and is a board member at Seattle logistics startup Flexe.

He’ll change Hemanth Munipalli, who held the position since July 2022 and is leaving for household causes. Metha will begin Aug. 19.

Remitly’s income grew by 31% to $306.4 million within the second quarter, the corporate reported Wednesday, whereas web losses got here in at $12.1 million, down from $18.9 million within the 12 months in the past interval. Remitly shares have been up greater than 3% in after-hours buying and selling.

— In one other CFO shuffle, Seattle-based software supply large F5 introduced this week that CFO Frank Pelzer will retire within the fourth quarter of this 12 months. F5 intends to switch Pelzer with Edward Werner, the corporate’s present senior vp of finance. Pelzer joined F5 in 2018 from SAP.

— DoorDash employed former Amazon and Flexport logistics chief Parisa Sadrzadeh as its new vp of technique and operations. Sadrzadeh spent greater than 11 years at Amazon in varied delivery-related roles earlier than becoming a member of Flexport in late 2022 as an government vp. The Information first reported the information.

— Boeing says its subsequent CEO and president will likely be Kelly Ortberg, a 64-year-old aerospace government who beforehand held the CEO publish at Rockwell Collins, now a subsidiary of RTX. Ortberg will reportedly be primarily based in Seattle. Read more.

— Former Amazon chief Ben Spencer joined Seattle-based residence upkeep startup Para Dwelling Providers as its new CEO. Spencer spent a decade at Amazon earlier than becoming a member of A.P. Moller in March 2023.

— Seattle advertising and marketing vet Emily Carrion joned Entrepreneurs’ Group as its new chief advertising and marketing officer. Carrion held advertising and marketing management roles at Seattle startups together with PartnerTap, Esper, Textio, Rubica, and Apptentive. Longtime Seattle startup advisor Dave Parker lately became CEO of EO.

— Former Zillow senior economist Jeff Tucker joined Windermere Actual Property as principal economist. Tucker was most lately a monetary economist at AirDNA.

— Seattle tourism group Go to Seattle employed Stephanie Byington as senior vp and chief advertising and marketing officer. Byington beforehand labored at Slalom and Nordstrom.