Eventbrite has appointed former Yelp executive Lanny Baker as its chief financial officer.

Baker will replace Randy Befumo, who has held the CFO role since 2016 and is now becoming the ticketing company’s chief strategy officer.

The new executive was also CFO at Yelp, a business directory service and crowd-sourced review forum. He oversaw corporate finance, accounting, investor relations and workplace functions.

Julia Hartz, Eventbrite’s co-founder and chief executive, said: “I can’t think of a better partner than Lanny to help lead the company through our next phase of growth.

“His experience scaling high-growth public companies and deep knowledge of how technology platforms can transform industries will be instrumental in helping us continue to drive sustainable long-term growth and value for our shareholders.

“I want to express my gratitude to Randy for his commitment to Eventbrite as a key business partner over the past six years and recognise his contributions to the growth strategy we’ve deployed.

“I’m looking forward to having his focus on strategic initiatives that will best serve creators and enable them to continue to grow and achieve success on our platform.”

Baker said he is “excited” to join Eventbrite at such a “critical point in the company’s journey”.

He continued: “The team has built a robust platform where the interests of the business are directly aligned to the interests of customers.

“I’m inspired by the opportunities to build upon the position Eventbrite has already established and look forward to helping further the company’s mission by building a self-serve, business enablement platform for event creators.”

In 2018, Eventbrite served 795,000 creators, processing 265 million tickets to nearly four million events around the world.

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