NY Times CEO to Join Instacart Board

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; Instacart&comma; the nation&&num;8217&semi;s leading supermarket delivery service&comma; announced Meredith Kopit Levien and Lily Sarafan are joining the company&&num;8217&semi;s Board of Directors&period;<&sol;p>&NewLine;<p>Kopit Levien &lpar;photo above&rpar; is the President and CEO of The New York Times Company&comma; where she directs the overall business strategy of one of the nation&&num;8217&semi;s top newspapers and leads its global operations&period; She joined The Times in 2013&comma; and helped lead its transformation to become a fast-growing&comma; digital business&period; She is a seasoned executive who brings deep experience building and leading cross-functional teams to scale subscriptions and create engaging direct-to-consumer products&period;<&sol;p>&NewLine;<p>Kopit Levien also spent five years at Forbes&comma; where she held various roles including Publisher and Chief Revenue Officer&period; Instacart says it will tap into her deep expertise in launching and scaling digital products with leading subscription models&comma; particularly as the company looks to enhance its service and deliver more value to customers through its own membership offering&comma; Instacart Express&period;<&sol;p>&NewLine;<p>&&num;8220&semi;I&&num;8217&semi;m excited to join Instacart&&num;8217&semi;s Board of Directors&comma;&&num;8221&semi; said Kopit Levien&period; &&num;8220&semi;With more than 20 years working on the business of journalism&comma; I&&num;8217&semi;ve had a first-hand look at the digital evolution of an industry that&&num;8217&semi;s been essential in people&&num;8217&semi;s daily lives for centuries&period; Similarly&comma; grocery is in the midst of an important evolution of its own&comma; and I believe Instacart can play a critical role in the digital transformation of their industry&period; I look forward to joining the Board and working with Fidji and the rest of the leadership team&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Sarafan is a Co-Founder&comma; former CEO&comma; and now Executive Chair of Home Care Assistance&period; She led Home Care Assistance from its earliest days as a startup to its current position as an industry leader in senior care with more than 10&comma;000 frontline workers&period; Lily brings a deep passion for building consumer marketplaces that infuse technology into everyday tasks to make them more accessible and affordable&comma; as well as invaluable experience supporting a community of thousands of frontline workers&period; She’s done this at Home Care Assistance&comma; which was recently recognized as one of the 50 fastest-growing women-owned companies in the world&period;<&sol;p>&NewLine;<p>Sarafan currently serves as a member of the Board of Directors at Thumbtack and Kyo&period; She also serves on the <span class&equals;"xn-org">Stanford University<&sol;span> Board of Trustees and is a Founding Partner of Project BIG&colon; The Stanford Brain Immune Gut Initiative&period;<&sol;p>&NewLine;<p>Instacart has partnered with over 700 national&comma; regional and local retailers&comma; to deliver food and other items from more than 65&comma;000 stores in more than 5&comma;500 cities in North America&period; The company is privately held and expected to go public next year&period;<&sol;p>&NewLine;<p>Kopit Levien and Sarafan join Instacart&&num;8217&semi;s Board of Directors&comma; which also includes Instacart CEO Fidji Simo&semi; Instacart Founder and Executive Chairman <span class&equals;"xn-person">Apoorva Mehta<&sol;span>&semi; <span class&equals;"xn-person">Barry McCarthy<&sol;span>&comma; former Chief Financial Officer of both Spotify and Netflix&semi; <span class&equals;"xn-person">Daniel Sundheim<&sol;span>&comma; Founder and CIO of D1 Capital Partners&semi; Frank Slootman&comma; Chairman and Chief Executive Officer of Snowflake&semi; <span class&equals;"xn-person">Michael Moritz<&sol;span>&comma; Managing Member at Sequoia Capital&semi; and <span class&equals;"xn-person">Jeff Jordan<&sol;span>&comma; Managing Partner at Andreessen Horowitz&period;<&sol;p>&NewLine;

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