Chief Talent Officer Brittany Forsyth (L), Chief Legal Officer Joe Frasca (M), and Chief Technology Officer Jean-Michel Lemieux (R). Images courtesy of Shopify
Shopify is about to experience an exodus of veteran executive talent, as three of its seven c-suite leaders have announced they will leave the company. Chief Talent Officer Brittany Forsyth, Chief Legal Officer Joe Frasca, and Chief Technology Officer Jean-Michel Lemieux (JML) are expected to part ways with the company in June, according to The Ottowa Business Journal.
In a press release, Shopify Founder and CEO Tobi Lütke stated, that “Over the coming months, Brit, Joe and JML will start to transition out of their current roles. Each one of them has their individual reasons but what was unanimous with all three was that this was the best for them and the best for Shopify.”
Lütke did not reveal who will step into the executives’ soon-to-be vacant roles but did say that the company has a “phenomenally strong bench of leaders who will now step up into larger roles” indicating the positions could be filled by internal candidates.
All three departing executive have been with the company for a considerable amounts of time and each have made major contributions to Shopify’s rapid growth:
Forsyth is one of Shopify’s earliest hires (employee number 22) and has been with the e-commerce platform since 2011. In her decade at Shopify, she has been essential to the creation and growth of the company’s culture as it scaled to over 7,000 employees.
Frasca has been with Shopify for the past seven years and was hired as the company’s first lawyer. Among his biggest accomplishments as the top legal executive at the company was leading Shopify through its 2015 IPO, in which it raised $131 million.
JML has been another instrumental part of Shopify’s growth, when he joined the company it had just 54 developers. As CTO he grew the developer team to number in the thousands.
The announcement that the trio would depart follows news from September 2020 that then-Chief Product Officer Craig Miller would depart. His departure spurred an internal realignment that elveanted several key executive to new positions.
In the company’s announcement, Lütke addressed the idea of employee turnover, even at the executive level, by saying, “We are building a company that will likely outlive all of us. Playing the infinite game well means that more players get to play and the game continues long after our modest roles in it. Said in another way: we need to remember that everyone will leave at some point and that’s totally OK.”
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