• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechPinterest

Pinterest Gets Its First President as It Eyes International Revenue

By
Kia Kokalitcheva
Kia Kokalitcheva
Down Arrow Button Icon
By
Kia Kokalitcheva
Kia Kokalitcheva
Down Arrow Button Icon
March 30, 2016, 3:58 PM ET
Pinterest Said To Be Raising Funding At $11 Billion Valuation
The Pinterest Inc. application (app) is displayed for a photograph in the Apple Inc. App Store on an iPad Air in Washington, D.C., U.S., on Thursday, Feb. 19, 2015. Pinterest Inc. the online scrapbooking company, is seeking to raise funding at a valuation of about $11 billion, according to a person familiar with the matter, continuing the soaring values of a group of high-profile technology startups. Photographer: Andrew Harrer/Bloomberg via Getty ImagesPhotograph by Andrew Harrer — Bloomberg via Getty Images

Online pin board Pinterest has promoted Tim Kendall to the newly created position of president, the company said on Wednesday.

Kendall, who joined Pinterest in 2012 as its head of product, will now be responsible for revenue, partner marketing, partner product and operations, and commerce globally as the company doubles down its focus on international markets. A year ago, Kendall was promoted to general manager of monetization.

The seven-year-old company, currently valued at $11 billion, has been expanding its advertising operations as it inches toward a potential IPO (the company has kept mum on its plans). And much like other large Internet companies like Facebook (FB) and Twitter (TWTR), it’s looking to its international users to help generate a large portion of its revenue. In September, Pinterest revealed it had more than 100 million monthly active users, and currently about 45% of them are based outside the U.S.

Pinterest’s next step is to expand its advertising beyond the U.S., and plans to start with English-speaking countries later this year.

Prior to Pinterest, Kendall spent four years at Facebook where he was a director of advertising products.

About the Author
By Kia Kokalitcheva
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.