Reddit Steps Toward IPO by Naming Financial Chief

Bloomberg: Reddit, one of the world’s most popular internet forums, appointed Drew Vollero as its first chief financial officer, taking a step closer toward an initial public offering. Vollero led Snap’s IPO preparations when he served as CFO at the social media company from 2015 to 2018. He has also lead finances for Mattel and most recently at security and facilities services firm Allied Universal Corp. At Reddit, Vollero will expand the finance team as the company grows and looks toward an IPO.