ZipRecruiter Shares Climb After Naming Investment Banker Carmen Chan as CFO

Shares of ZipRecruiter Inc. (NYSE:ZIP) jumped 6.6% on Tuesday following the announcement that the company has appointed veteran investment banker Carmen Chan as its new Chief Financial Officer. The appointment is effective August 17, 2026.

Executive Transition

Carmen Chan will take over the company's top finance role, overseeing its Accounting and Finance organizations. According to the company's statement, she will be responsible for leading ZipRecruiter’s long-term financial strategy, operational excellence, and value creation initiatives.

Dave Travers, who has been serving as interim CFO, will step down from that position once Chan assumes the role. Travers will continue in his capacity as President of the online employment marketplace.

A Background in Tech Finance

Ad

The market's positive reaction likely reflects Chan's extensive experience in advising technology and internet companies on major financial matters. She joins ZipRecruiter from Barclays, where she was a Managing Director focused on financing and strategic transactions for clients in the tech sector.

Prior to joining Barclays in 2023, Chan held several key positions, including:

• Vice President of Corporate Development and Investor Relations at digital health company Noom, where she supported a $540 million fundraising round in 2021.
• More than five years in investment banking at Goldman Sachs within its technology, media, and telecommunications group.
• Roles at theSkimm, as well as investment banking positions at UBS in London and Sydney.

Chan's appointment brings deep expertise in capital markets, acquisitions, and investor relations to ZipRecruiter's leadership team as it navigates the competitive online job market.