OpenAI Taps Instacart CEO Fidji Simo as New Head of Applications
Instacart's CEO, Fidji Simo, to Depart for OpenAI Leadership Role
In a significant shift for both companies, Fidji Simo, the current CEO of Instacart, has announced her departure to join OpenAI as its Chief of Applications. Sam Altman, CEO of OpenAI, will be her direct superior in this new position.
Instacart isexpected to announce a successor to Simo in the near future, with Chris Rogers, the current Chief Business Officer, set to take over as CEO on August 15, 2025. Rogers, who has been with Instacart since 2019, brings extensive experience in consumer goods, technology, retail, and media to the role.
Simo will remain on Instacart's Board as a Chair to facilitate a smooth transition. Rogers will also be joining the Instacart Board after he takes charge as CEO.
The leadership change at Instacart does not indicate any operational modifications, as the company anticipates its second-quarter core profit to surpass Wall Street estimates. The transition signifies Instacart's commitment to forging ahead with its strategic path, leveraging Rogers' vision, operational expertise, and customer focus to amplify the company's presence in the grocery technology market.
Sources:1. Article 12. Article 23. Article 34. Article 45. Article 5
Read Comment (1)By commenting, you agree to the Prohibited Content PolicyPublished On May 9, 2025 at 10:00 AM IST
(Private Telegram Group, Facebook Group, Copy Link)(Subscribe to our newsletter to get latest insights & analysis)(Download our website App for Realtime updates and saving favorite articles)
Tags: Instacart, Fidji Simo, OpenAI, Sam Altman, AI industry updates, Microsoft-backed OpenAI, Instacart CEO, people movement
Artificial intelligence, being a significant part of OpenAI's focus, will likely play a role in Simo's new position, shaping the future of technology within the company. The business landscape is evolving as Instacart, with its new CEO Chris Rogers, is poised to bolster its presence in the grocery technology market, potentially intertwining with news stories about the growth and development of similar businesses.
