Online ordering provider Olo added two technology business veterans to its board of directors, the company said Monday, as it looks to continue growing amid the digital ordering boom.
Zuhairah Scott Washington and Russell Jones bring backgrounds in scaling businesses, financial management and strategy to Olo, which had reportedly been considering an IPO.
Washington is currently a global senior vice president with Expedia Group, working as general manager of strategic partners for lodging and vacation rentals. She is also a partner with venture capital firm NextGen Venture Partners. From 2013 to 2018, she was a general manager with Uber, where she helped the company grow revenue to a $1 billion annual run rate. This year, Savoy Magazine named Washington one of the 100 Most Influential Black Executives in Corporate America.
“I look forward to applying my experience in the tech sector to support Olo’s strategic direction as a leading provider of digital solutions that help restaurants capitalize on today’s on-demand world,” she said in a statement.
Russell Jones is an adviser to Sierra Wireless, Georgian Partners and the Ottawa Hospital Foundation. He was CFO of e-commerce company Shopify when it went public in 2015, helping to guide it through a $150 million IPO.
“I’m honored to serve on the Board of Directors for Olo and believe my diverse background in financial and operational leadership in the tech sector will complement the existing strong experience of the company’s leadership team and fellow Board directors,” Jones said in a statement.
Founded in 2005, Olo works with hundreds of restaurants, including Wingstop, Five Guys and The Cheesecake Factory. Its board includes Danny Meyer, CEO of Union Square Hospitality Group.
In January, Bloomberg reported that New York-based Olo was considering an IPO this year that would value the company at $1 billion.
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