Maplebear CEO Fidji Simo to resign; company reaffirms 2025 outlook
Maplebear Inc. (Instacart) said CEO Fidji Simo notified the company on May 7, 2025, of her intent to resign as CEO to pursue another opportunity, with the resignation date still to be determined. She will remain Board Chair, and the company says a new CEO will be announced soon. The company also reaffirmed its second quarter and fiscal 2025 financial outlook given on May 1, 2025.
Key points
- CEO Fidji Simo notified the company on May 7, 2025, of her intent to resign as CEO.
- The date of her resignation as CEO has not yet been determined.
- Simo will continue as Chair of the Board of Directors.
- The company reaffirmed its second quarter and fiscal 2025 outlook first given on its May 1, 2025 earnings call.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.