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Yahoo
3 days ago
- Business
- Yahoo
Instacart names chief business officer as next CEO
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Instacart announced Wednesday that Chief Business Officer Chris Rogers will become CEO, effective Aug. 15. He will replace Fidji Simo, who is stepping down from the top position to become CEO of OpenAI Applications but will remain chair of Instacart's board. Rogers will step into the top role after nearly six years with the grocery technology company, including around three years in his current role. Instacart positioned Rogers as a leader with decades of experience spanning consumer goods, technology, retail and media, noting that he has focused on 'driving growth at the intersection of brands, retailers, and technology' in his current role. In announcing Simo's upcoming departure from the CEO position, Instacart had said it would choose an existing member of the company's management team. Instacart's choice of Rogers as its next leader signals the company is continuing its strategy of bridging retailers, consumers and advertisers with technology-driven solutions. Rogers has seen Instacart's evolution both before and after Simo's arrival in 2021. He joined Instacart as vice president of global retail in 2019 after 11 years at Apple, where he served in a variety of roles, including head of consumer retail, head of carrier channel and managing director of Apple Canada. Prior to Apple, Rogers worked at Procter & Gamble as an account executive for several clients such as Loblaws, Sobeys and A&P, according to his LinkedIn profile. As chief business officer, Rogers has overseen the company's commercial operations, including retailer relationships and expansions, ad sales, mergers and acquisitions, Instacart Business and Instacart Health. Rogers currently sits on the board of data and analytics firm Spins and is a board member of the Ad Council, a nonprofit that helps launch public service campaigns addressing social issues. Rogers's ascension to the top role follows Instacart's work to establish itself as a leader in grocery technology and e-commerce 'Over the last four years, we've transformed Instacart into a growing, profitable, leading technology platform that's helping reshape the grocery industry,' Simo said in the announcement. 'We're building a generational company at the intersection of technology and food, and Chris is the right leader for our next chapter.' Simo 'really set up a foundation' for the company to continue achieving double-digit growth and building its e-grocery market leadership, CFO Emily Reuter said during the J.P. Morgan Global Technology, Media and Communications Conference earlier this month. 'The priorities remain the same, which is that we continue to be incredibly excited about the overall market opportunity, and really, our goal as the category leader … is to continue to drive online penetration,' she said at the conference. Recommended Reading Instacart CEO's exit won't shift company strategy, top exec says
Miami Herald
3 days ago
- Business
- Miami Herald
Instacart names chief business officer as next CEO
Dive Brief: Instacart announced Wednesday that Chief Business Officer Chris Rogers will become CEO, effective Aug. 15. He will replace Fidji Simo, who is stepping down from the top position to become CEO of OpenAI Applications but will remain chair of Instacart's will step into the top role after nearly six years with the grocery technology company, including around three years in his current role. Instacart positioned Rogers as a leader with decades of experience spanning consumer goods, technology, retail and media, noting that he has focused on "driving growth at the intersection of brands, retailers, and technology" in his current role. Dive Insight: In announcing Simo's upcoming departure from the CEO position, Instacart had said it would choose an existing member of the company's management team. Instacart's choice of Rogers as its next leader signals the company is continuing its strategy of bridging retailers, consumers and advertisers with technology-driven solutions. Rogers has seen Instacart's evolution both before and after Simo's arrival in 2021. He joined Instacart as vice president of global retail in 2019 after 11 years at Apple, where he served in a variety of roles, including head of consumer retail, head of carrier channel and managing director of Apple Canada. Prior to Apple, Rogers worked at Procter & Gamble as an account executive for several clients such as Loblaws, Sobeys and A&P, according to his LinkedIn profile. As chief business officer, Rogers has overseen the company's commercial operations, including retailer relationships and expansions, ad sales, mergers and acquisitions, Instacart Business and Instacart Health. Rogers currently sits on the board of data and analytics firm Spins and is a board member of the Ad Council, a nonprofit that helps launch public service campaigns addressing social issues. Rogers's ascension to the top role follows Instacart's work to establish itself as a leader in grocery technology and e-commerce "Over the last four years, we've transformed Instacart into a growing, profitable, leading technology platform that's helping reshape the grocery industry," Simo said in the announcement. "We're building a generational company at the intersection of technology and food, and Chris is the right leader for our next chapter." Simo "really set up a foundation" for the company to continue achieving double-digit growth and building its e-grocery market leadership, CFO Emily Reuter said during the J.P. Morgan Global Technology, Media and Communications Conference earlier this month. "The priorities remain the same, which is that we continue to be incredibly excited about the overall market opportunity, and really, our goal as the category leader … is to continue to drive online penetration," she said at the conference. Copyright 2025 Industry Dive. All rights reserved.
Hans India
6 days ago
- Politics
- Hans India
50 years of Emergency: NDA campaign to inform people about those behind ‘dark era'
To target the Congress on 50 years of Emergency, the NDA would chalk out plans to inform people around June 25-26 about those who throttled a vibrant democracy, a BJP leader said on Sunday. 'On June 25-26, 50 years of Emergency will be completed. We have held deliberations on the issue, and our four sub-groups will chalk out plans to inform people about those who crushed and throttled a vibrant democracy,' said BJP President J.P. Nadda. He was speaking about the discussion that took place at a conclave of the NDA chief ministers and deputy chief ministers on Sunday. Earlier, the BJP sources said that during the NDA meeting, attended by Prime Minister Narendra Modi and his Cabinet colleagues, chief ministers and their deputies were advised to avoid making comments on Operation Sindoor and observe restraint in issuing public statements. Apart from this, the NDA leaders, including 20 chief ministers and 18 deputy chief ministers, were also briefed about the government's stand on Operation Sindoor. During the NDA meeting, the leaders listened to PM Modi's Mann Ki Baat address, the first after Operation Sindoor. In the monthly radio address, PM Modi hailed the Armed Forces and said the operation was a reflection of a transforming India, united in the fight against terrorism and recognising the power of being self-reliant, sources said. The leaders paid their tributes to the 26 people who were brutally killed by terrorists on April 22 in Kashmir's Pahalgam. Following this terror attack, India launched Operation Sindoor to avenge the deaths. Nine terror bases in Pakistan and PoK were demolished in precision attacks by the India Armed Forces. A resolution was also passed praising the armed forces and their performance during Operation Sindoor and hailing PM Modi's leadership. The NDA meeting was called to deliberate on the vision and strategic action plan for achieving Viksit Bharat @2047. At the heart of this meeting was the guiding principle that the path to a developed India lies through the development of its states -- Viksit Rajya for Viksit Bharat. This meeting held special significance as it came at a time when India is riding a strong wave of economic and governance transformation. The next two decades offer a critical window of opportunity for the country to leap from its status as a developing nation to that of a global economic and political powerhouse. The central theme of the discussion was how individual states could contribute meaningfully to India's ambition of becoming a $30 trillion economy by 2047. The meeting came a day after PM Modi held the NITI Aayog Governing Council meeting, urging states to come together with the Centre to speed up development across the country.
Miami Herald
21-05-2025
- Business
- Miami Herald
Instacart CEO's exit won't shift company strategy, top exec says
As Instacart faces the departure of its CEO, Fidji Simo, the grocery technology company is poised to stay the course its high-profile top executive helped lay out, its CFO said at a recent conference. Simo, who is leaving after four years at Instacart to become CEO of OpenAI Applications, "really set up a foundation" for the company to continue achieving the double-digit growth across key financial metrics it has recorded for the last several consecutive quarters, CFO Emily Reuter said during the J.P. Morgan Global Technology, Media and Communications Conference earlier this month. Instacart has said it will replace Simo with an internal candidate. While it's easy to imagine that a new CEO could shift Instacart's priorities, Reuter said that likely won't be the case. "The priorities remain the same, which is that we continue to be incredibly excited about the overall market opportunity, and really, our goal as the category leader … is to continue to drive online penetration," she said. Amid the changing macro-environment, consumers' use of online grocery shopping services hasn't wavered due to the combination of essential goods and convenience that e-commerce provides, Reuter noted. Instacart executives have long told investors that there is ample room to increase market share and penetration of grocery e-commerce. Doing that, though, requires not only continuing the business strategy that Instacart has already laid out for itself, but also refining several areas of the business, Reuter said. "There's not one big unlock. It's a lot of different things that work together to ultimately continue to drive order frequency [and] user growth to ultimately get to various solid and consistent GTV growth that we've had for many quarters in a row now," Reuter said. Reuter's comments firmly plant Instacart as a provider of grocery technology and e-commerce - a position that took Instacart several years to cement amid industry skepticism about the company's ambitions. Growing the user base by attracting new users and bringing people back who tried but then left Instacart is an untapped opportunity, Reuter said. For existing users, Instacart sees potential in incentivizing particular shopping behaviors, she said, without providing specifics. Instacart continues to work on improving order quality, Reuter said, noting that the company's number of fulfilled orders without errors has increased 15% over the last three years. This has helped boost the company's ability to retain customers. Expanding the variety of use cases, which Instacart has done through its Uber Eats partnership, is another vital area, she said. Instacart has found that listing restaurants brings people back to Instacart throughout the week, and they spend more incremental dollars on groceries, she added. As a result, Instacart sees "a lot of runway" with its restaurant partnership, Reuter said, without specifying future plans. Instacart's decision to lower its minimum order basket size to $10 for Instacart+ members, meanwhile, is driving increased order frequency, incremental GTV and increased adoption of Instacart+, Reuter said. "We certainly don't want to put people in a position where a fee means that I'm going to think about [not placing a small order] or think about going to another platform," she said. Instacart's scale and density of its orders as well as its improved operational capabilities allow the company to layer on smaller baskets more effectively than if it had tried to do so a few years ago, Reuter said. "It's these platform benefits from getting better at what we do in the core business, adding additional use cases, finding opportunities to drive affordability that together result in … really strong growth," Reuter said. Copyright 2025 Industry Dive. All rights reserved.
Yahoo
21-05-2025
- Sport
- Yahoo
Mariners use sharp pitching and timely hitting to deliver strong road start
Seattle Mariners' J.P. Crawford, left, celebrates with Julio Rodríguez, right, after they defeated the Chicago White Sox in a baseball game in Chicago, Monday, May 19, 2025. (AP Photo/Nam Y. Huh) CHICAGO (AP) — When it comes to life on the road, the Seattle Mariners are making themselves right at home. Seattle is on top of the AL West, and its major league-best 14-8 road record is a big reason. It is 4-0 on a 10-game trip going into Tuesday night's matchup with the Chicago White Sox, and it has won its last six road series overall. Advertisement It's the first time the Mariners have won at least six consecutive road series since they had a streak of eight in a row from July 3 to Aug. 23 in 2023. "We treat every single game the same, but obviously, when you're on the road, you're like the bad guys. Nobody likes you,' center fielder Julio Rodríguez said. 'I guess that adds a little bit more to us. We stick together pretty well as a team and I think that might play something into it.' Pitching helps, too. Seattle had a 3.70 road ERA going into Tuesday's game, ranking sixth in the majors. It allowed one run in each of the first four games on its current trip. The Mariners also have a dominant closer in Andrés Muñoz, who hasn't allowed an earned run in 20 2/3 innings this season. The bases were loaded when he entered Monday night's 5-1 victory over Chicago, and he struck out Michael A. Taylor for his 15th save. Advertisement 'Pitching is kind of what's built our (organization), and kind of where our success has started,' catcher Cal Raleigh said. 'It's one of the most important things in the game. We do a good job of getting those guys rolling and try to piggyback off of them.' The strong start on the road comes after Seattle struggled outside of T-Mobile Park in 2024. It finished with a 36-45 road record while going 85-77 last year, contributing to the team's second-place finish in the AL West behind Houston. Asked about the team's road success this season, manager Dan Wilson praised Muñoz and the rest of the team's bullpen. But he also highlighted the importance of timely offense. 'I think, offensively, being able to strike early on the road is important, and so far as we've started off this season, they've been able to do that,' Wilson said. 'I think that's put us in good positions to win late in the ballgame.' Advertisement Seattle brought up right-hander Casey Lawrence from Triple-A Tacoma before Tuesday night's game at Chicago. Left-hander Jhonathan Díaz was sent down, and infielder Austin Shenton was designated for assignment. The 37-year-old Lawrence is 1-1 with a 4.97 ERA in five big league appearances this year. ___ AP MLB:
