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Evernote taps ex-Googler to be CEO

July 20, 2015, 7:32 PM UTC
Evernote Corp.'s Libin Says IPO "Probable" At Some Point
Phil Libin
Photograph by David Paul Morris — Bloomberg via Getty Images

Evernote, the Sunnyvale, Calif.-based company that sells note-taking software for businesses, has landed a new CEO, according to Re/code. Current CEO Phil Libin said he planned to step down last month and remain on the company’s executive chairman.

The company tapped long-time Google manager Chris O’Neill to become its new CEO. O’Neill formerly headed business for Google X, Google’s research facility that developed Google Glass and the company’s plans for driverless cars, among other projects.

Evernote has been looking for a CEO since mid June when Libin first announced his intentions to leave. “I’m a product person,” Libin reportedly told The Information at that time regarding the company wanting a more traditional business-minded CEO.

A possible IPO is still in the cards for Evernote with O’Neill now in charge. In an interview with Re/code, Libin said he “didn’t want to be the CEO when the company went public.”

When asked whether O’Neill will lead a possible Evernote IPO, Libin said, “He better.”

In early June, Evernote also signed on Linda Kozlowski to become the company’s COO. Kozlowski spoke with Fortune’s Michal Lev-Ram about the company’s IPO plans and how she believes it will take around two to three years before Evernote would go public.

“We need to earn the right to be a public company and we need to have the right team, which I think we do now,” said Kozlowski. “We need to make sure that we have built a sustainable business model that’s really going to take us there.”

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