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Pinterest drops as finance chief to step down

BUZZ-Pinterest drops as finance chief to step down

** Image sharing platform Pinterest's PINS.K shares fall 1.8% to $22.78 premarket

** Co announces CFO Julia Donnelly will step down on Oct. 30

** PINS has launched an external search for her replacement, with VP of finance, Vikram Naidu, to serve as interim CFO

** The departure comes after the co earlier this month forecast slower Q3 rev growth, a sign of tough competition for digital advertising dollars from rivals like Meta META.O

** As of last close, PINS has slipped 10.4% YTD vs a 12.7% rise for the S&P 500 .SPX


(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))

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