Finance leader brings more than 20 years of
private and public company experience to Wish
ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the
world’s largest mobile ecommerce platforms, today announced the
appointment of Vivian Liu as Chief Financial Officer, effective
November 10, 2021. This is the latest in a series of C-suite
appointments at Wish this year.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20211025005073/en/
Vivian Liu, CFO, Wish (Photo: Business
Wire)
In this role, Ms. Liu will oversee Wish’s global financial
operations, including financial planning and analysis,
controllership, tax, treasury, audit, reporting and investor
relations. She will also lead Wish’s merchant acquisition team as
Wish continues to diversify and strengthen its merchant base.
“Vivian is a seasoned CFO with extensive experience in scaling
and transforming both privately and publicly held companies,” said
Wish Founder and CEO, Piotr Szulczewski. “Vivian will bring a
valuable perspective as we execute on our strategy and provide
additional insight on our investments in technology and innovation
to fuel further growth. We are delighted to welcome another
high-caliber executive to our leadership team.”
Ms. Liu currently serves as Chief Financial Officer and Senior
Vice President of Shutterfly, Inc., a leading platform for
photography-based personalized products, where she oversees the
global finance function. She played a critical role in helping
Shutterfly navigate the pandemic, while transforming the business
to achieve accelerated topline growth and EBITDA improvement. She
re-established the corporate development function, which
successfully completed the acquisition of global marketplace
Spoonflower, Inc. in 2021, which significantly expanded
Shutterfly’s addressable market. During her tenure, Ms. Liu also
focused on driving operational efficiencies, including co-leading
the company-wide implementation of an SAP platform.
“I am excited to be joining Wish at such a transformational
time,” said Ms. Liu. “In the highly competitive ecommerce sector,
Wish has achieved tremendous success by offering a unique mobile
shopping experience that is fun, value-oriented and personalized. I
look forward to applying my knowledge and expertise to help Wish
deliver on its strategic goals.”
Prior to joining Shutterfly, Ms. Liu served as CFO and SVP at
the printing and imaging solution company, Lexmark International,
and had previously been VP of Finance, Enterprise BG at the global
information and technology company, Huawei Technology Inc. Prior to
Huawei, Ms. Liu spent eight years at Cisco Systems, Inc. where she
held a number of senior finance positions. Earlier in her career,
Ms. Liu held finance positions with Deloitte Financial Advisory
Services, Goldman Sachs, and Deloitte & Touche LLP. She began
her career at China Merchants Bank in Shanghai, China. Ms. Liu
holds an M.B.A from the University of Washington and a B.A. from
the Shanghai University of Finance and Economics. She is a
chartered financial analyst and a certified public accountant.
Ms. Liu will report directly to Founder and CEO, Mr.
Szulczewski. Brett Just and Jennifer Oliver will continue in their
previous roles, reporting to Ms. Liu.
About Wish:
Wish brings an affordable and entertaining shopping experience
to millions of consumers around the world. Since our founding in
San Francisco in 2010, we have become one of the largest global
ecommerce platforms, connecting millions of value-conscious
consumers in over 100 countries to over half a million merchants
globally. Wish combines technology and data science capabilities
and an innovative discovery-based mobile shopping experience to
create a highly-visual, entertaining, and personalized shopping
experience for its users. For more information about the company or
to download the Wish mobile app, visit www.wish.com or follow @Wish
on Facebook, Instagram and TikTok or @WishShopping on Twitter and
YouTube.
Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact could be deemed forward-looking, including, but
not limited to, statements regarding Wish's outlook, priorities,
strategic direction, expectations regarding partnerships, and
growth opportunities. In some cases, forward-looking statements can
be identified by terms such as “anticipates,” “believes,” “could,”
“estimates,” “expects,” “guidance,” “intends,” “may,” “outlook,”
“plans,” “potential,” “predicts,” “projects,” “seeks,” “should,”
“will,” “would” or similar expressions and the negatives of those
terms. These forward-looking statements are subject to risks,
uncertainties, and assumptions. If the risks materialize or
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. New
risks emerge from time to time. It is not possible for our
management to predict all risks, nor can we assess the impact of
all factors on our business or the extent to which any factor, or
combination of factors, may cause actual results to differ
materially from those contained in any forward-looking statements
we may make. Further information on these and additional risks that
could affect Wish’s results is included in its filings with the
Securities and Exchange Commission (“SEC”), including its Annual
Report for 2020 on Form 10-K filed on March 25, 2021 and its Form
10-Q for the second quarter of 2021 filed on August 12, 2021, and
future reports that Wish may file with the SEC from time to time,
which could cause actual results to vary from expectations. Any
forward-looking statement made by Wish in this news release speaks
only as of the day on which Wish makes it. Wish assumes no
obligation to, and does not currently intend to, update any such
forward-looking statements after the date of this release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211025005073/en/
Media contact: Carys Comerford-Green, Wish press@wish.com
or Glenn Lehrman, Wish glehrman@wish.com +1 917 533 5998
Investor contact: ir@wish.com
ContextLogic (NASDAQ:WISH)
Historical Stock Chart
From Jun 2024 to Jul 2024
ContextLogic (NASDAQ:WISH)
Historical Stock Chart
From Jul 2023 to Jul 2024