Belinda Johnson, the Chief Operating Officer of Airbnb will step down from her post in March 2020 and will instead join the company’s board.
The news was announced Friday.
Apparently, Johnson will be stepping down from her role to spend a lot more time with her family.
“Contributing to the long-term success of Airbnb while taking more time to be with my amazing family is an incredible opportunity,” Johnson stated.
According to Tech Crunch, the news of Johnson giving up her post comes as the company gears up to make their initial public offering next year.
Moreover, in September, Airbnb announced that they hit more than $1 billion in revenue during the second quarter of this year.
Airbnb also said that they have been EBITDA profitable over the last two years.
“Being elevated to the Board of Directors and contributing to the long term success of Airbnb while taking more time to be with my amazing family is an incredible opportunity,” Johnson said.
Apparently, Johnson, who joined Airbnb back in 2011, was the first executive Airbnb co-founder and CEO Brian Chesky ever hired.
“Though we intend for her to serve on our board for a long time to come, I have told Belinda that she can return to Airbnb as an executive if she ever wishes to do so,” Chesky states.