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Mar 5, 2018

Shopify names Amy Shapero as CFO to replace Russ Jones

Shopify CFO: Cannabis deal with Ontario government positions company for other opportunities


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OTTAWA -- Shopify Inc. says its original chief financial officer will retire but remain a strategic adviser during a transition after the arrival of his successor, Amy Shapero, on April 2.

She succeeds Russ Jones, who has been Shopify's CFO since 2011 and helped it grow from a 50-person private company into a publicly traded business with more than 3,000 employees.

Shopify (SHOP.TO) provides software and services that merchants can use to set up and manage retail operations across multiple sales channels including web, mobile and physical stores.

Shapero has been CFO for a number of software-as-a-service companies since beginning her career as a chartered public accountant at Ernst & Young, now known as EY.

Most recently, she has been at the Betterment online wealth-management service since 2016.

Shapero has also been CFO at Sailthru, a software technology provider, and Spot Holdings, a financial services company.

Shopify has recently hired Jeff Weiser, formerly chief marketing officer at Shutterstock. Weiser will also be chief marketing officer at Shopify while Craig Miller, who was performing that role, will focus on being chief product officer.