Instacart has appointed Victoria Dolan, former CFO of Revlon, to the company’s board of directors.
Separately, after years of service, Jeff Jordan, general partner at Andreessen Horowitz, and Barry McCarthy, president and CEO of Peloton, will retire from the board when their terms expire at the company’s annual meeting of stockholders.
Dolan, a seasoned financial expert and business leader, has more than 30 years of experience in the consumer packaged goods and retail industries.
“Victoria’s decades of experience and deep understanding of the CPG and retail industries will be invaluable as we continue to introduce new technology solutions for our partners,” said Instacart CEO and Chair Fidji Simo. “We have a bold vision to build the technologies that power every single grocery transaction, and Victoria’s expertise will be an incredible asset as we continue to transform the grocery shopping experience.
“I also want to thank Jeff and Barry for their immeasurable contributions to Instacart. They both brought unparalleled expertise to our board of directors as we’ve grown and entered the public market, and we’re grateful for their years of support.”
Dolan’s professional experience spans strategic planning, finance, supply chain and operations at several respected companies. She served as CFO of Revlon for nearly five years. Prior to that, she spent 10 years at Colgate-Palmolive, serving as its chief transformation officer, corporate controller and principal accounting officer and Colgate-Palmolive Europe’s VP of finance and strategic planning.
In addition, Dolan has held multiple management positions with Marriott International and The Coca-Cola Co. She sits on the board of directors for Stericycle, a company specializing in regulated waste management and compliance services, and advises several nonprofits on various financial-related matters.
“The CPG and retail industries have changed significantly over the last several decades, but never more so than over the last few years,” Dolan said. “In today’s business environment, companies in this space need a technology partner they can trust to continue to deliver for them and their customers in new ways – and I firmly believe that Instacart is that company.
“I’m looking forward to working with Fidji and the rest of the board of directors to bring this company’s ambitious vision to life.”
Jordan joined Instacart’s board of directors in 2014, advising the company from its early start-up days through its public market debut in September 2023. McCarthy joined the board of directors in 2021, advising Instacart during a critical period of maturation as it charted a path to sustained growth.
Instacart expects that Dolan will replace McCarthy as chair of its audit committee of the board of directors, effective at the annual meeting.
Read more technology news from The Shelby Report.
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