Eventbrite Hires Mark Rubash as Chief Financial Officer
Former Shutterfly CFO and eBay Finance leader joins executive team to support company growth and accelerating business momentum
San Francisco, Calif. – April 2, 2013 – Eventbrite, the self-service ticketing platform, today announced it has hired Mark Rubash to be the company's Chief Financial Officer. Formerly the CFO at Shutterfly and senior member of the Finance leadership teams at eBay and Yahoo!, Rubash is the first c-level executive hired from outside the company.
As CFO, Rubash will join the executive management team and lead Eventbrite's finance and accounting operations from the company's headquarters in San Francisco, CA.
Rubash brings over 30 years of finance, accounting and investor relations experience, along with a proven track record of leading teams through periods of extraordinary growth. As the senior member of eBay's Finance leadership team from early 2001 through late 2005, he had global responsibility for all eBay Finance, Investor Relations, Accounting, Tax, Treasury and Facilities functions. At Yahoo!, Rubash had global Finance responsibility for the company's paid search and display advertising businesses as well as its core ecommerce properties. In addition to his significant industry experience, Rubash spent nearly 20 years in the public accounting profession-serving clients in a broad range of industries. During his eight-year tenure as an audit partner with PricewaterhouseCoopers, Rubash served as the Global Leader of the firm's Internet Industry Practice and the Partner in Charge of its software practice in Silicon Valley. Rubash currently serves on the Boards of Intuitive Surgical, Iron Planet and Line 6, and has also served in executive roles at HeartFlow, Rearden Commerce and Critical Path.
"We're thrilled to expand and strengthen the strategic and operational capabilities of the executive team by bringing Mark on board," said Kevin Hartz, CEO of Eventbrite. "His proven track record of driving growth while building strong, stable financial infrastructure is impressive, and we're looking forward to leveraging his skills across Eventbrite's platform."
Last week, Eventbrite announced that it hit $1.5 billion in gross ticket sales since the company's inception in 2006 – this is up from $1 billion announced just last June. Additionally, the company nearly doubled total tickets sold since 2006 in one year, crossing 100 million last week, which is up from 50 million in February 2012. In 2012 alone, the company exceeded $600 million in gross ticket sales and sold over 36 million tickets in 179 countries.
"I've always been attracted to great teams and compelling business models, and Eventbrite hits the mark on both fronts. The company has thoughtfully assembled a fantastic team and validated a business model with enormous market opportunity and very strong unit economics," said Mark Rubash, incoming CFO at Eventbrite. "Having had the opportunity to work with eBay and PayPal in their formative years, I'm extremely excited to help build on Eventbrite's success thus far and accelerate the adoption of its platform by event organizers throughout the world."
Eventbrite enables people all over the world to plan, promote, and sell out any event, and has sold over 100 million tickets worldwide. The online event registration service makes it easy for everyone to discover events, and to share the events they are attending with the people they know. In this way, Eventbrite brings communities together by encouraging people to connect through live experiences. Eventbrite's investors include Tiger Global, Sequoia Capital, DAG Ventures, and Tenaya Capital. Learn more at www.eventbrite.com.
Terra Carmichael or Vanessa Hope Schneider