Cart.com Names Timocin Pervane as Chief Financial Officer
August 26 2024 - 9:59PM
Business Wire
Shopify Logistics Executive Joins Cart.com as
Commerce and Logistics Unicorn Positions for Next Phase of
Growth
Cart.com, a leading provider of unified commerce and logistics
software and services, today announced that it has appointed
Timocin (Timo) Pervane as Chief Financial Officer. Pervane, who
previously served as CFO of Shopify Logistics, brings more than two
decades of experience in software, logistics and consulting to his
new role and will oversee the company’s finance functions. As CFO,
Pervane will focus on driving financial execution and
accountability, internal process improvement, operational
efficiency and more sophisticated financial reporting to support
the company’s next phase of growth.
Current CFO Frank Parker will transition to Chief Strategy and
Operating Officer.
“Cart.com’s exceptional growth story along with our track record
of delivering truly transformative results for customers continues
to attract the best and brightest in the commerce and logistics
industry,” said Cart.com Founder and CEO Omair Tariq. “Timo’s
demonstrated expertise in building high performing finance teams
and deep understanding of the logistics industry will be invaluable
as we continue to aggressively pursue our vision of unifying the
physical and digital infrastructure of commerce.”
Prior to joining Cart.com, Pervane served as CFO for insurance
AI company LULA and CFO of Shopify Logistics, where he built the
finance, pricing and network optimization teams, drove a strategic
investment in supply chain logistics platform Flexport and executed
the $2.1 billion acquisition of logistics company Deliverr. Prior
to Shopify, Pervane was a Partner at Oliver Wyman where he led
strategy, commercial effectiveness and M&A work for tech and
private equity clients and represented the firm at Davos, the
Singapore Summit and the Aspen Ideas Festival.
Cart.com provides the physical and digital infrastructure that
unifies operations across channels and makes it easy for brands,
merchants and operators to win in a channel-rich world. The company
offers a complete suite of tech-enabled logistics capabilities and
enterprise-grade order, warehouse and channel management software
alongside expert services to simplify commerce for middle-market
and enterprise companies as well as public sector agencies.
Cart.com supports tens of millions of orders per year and operates
over a dozen omnichannel fulfillment centers nationwide.
ABOUT CART.COM
Cart.com is the leading provider of unified commerce and
logistics solutions that enable B2C and B2B companies as well as
public sector agencies to sell and fulfill wherever their customers
are. The company’s enterprise-grade software, services and
logistics infrastructure, including its own network of fulfillment
and distribution centers, are used by some of the world’s most
beloved brands and most complex organizations to unify commerce
operations across channels and drive more efficient growth.
For more information, please visit Cart.com and
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20240826999585/en/
Media: media@cart.com