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Senior execs Forsyth, Frasca and Lemieux leaving Shopify | Ottawa Business Journal

Senior execs Forsyth, Frasca and Lemieux leaving Shopify | Ottawa Business Journal
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Shopify CTO Jean-Michel Lemieux one of three execs to depart company

Three Shopify executives are set to depart their roles from the company.
Jean-Michel Lemieux, the chief technology officer of Shopify, and chief talent officer Brittany Forsyth have announced on Twitter they are stepping down from their roles in the coming months. Chief legal officer Joe Frasca is also set to step down, according to a report from the Ottawa Business Journal, which noted that all three execs will end their tenures in June. A Shopify spokesperson confirmed the departures to BetaKit.
The latest departures come approximately six months after another major executive shuffle at Shopify.
Shopify published a statement from CEO Tobias Lütke on the executive departures Wednesday, highlighting the accomplishments of Lemieux, Forsyth, and Frasca. ....

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Tobi vs. Goliath: How Shopify is bracing for a looming battle with Amazon

The Globe and Mail
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Alia Youssef/The Globe and Mail
After the year Shopify Inc. has had, you might expect its co-founder and CEO Tobi Lutke to sound a little…cheerier.
Riding a global surge in pandemic-related e-commerce traffic, Shopify – which makes the software used by more than a million merchants to sell their products online – surpassed Royal Bank of Canada to become Canada’s most valuable company. It now has a market capitalization of US$177-billion, making it only the second Canadian tech company, after Nortel Networks, to reach such heights. It raised billions of dollars from stock sales last year and even posted a rare quarterly profit of US$191-million in October on third quarter on revenues ....

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