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AI brief of an SEC Form 8-K · Maplebear (CART)

Maplebear CEO Fidji Simo to resign Aug. 15; Chris Rogers named successor

Neutral Impact 4 of 5 leadership Written later

Maplebear said CEO and President Fidji Simo will resign effective August 15, 2025, to pursue another opportunity, and she will remain Board Chair. Chris Rogers, the company's Chief Business Officer, was appointed CEO and President and a Class II director, effective the same date, with the Board expanding from eight to nine directors. Separately, the Board approved raising the share repurchase authorization to $1 billion from $750 million.

Key points

  • Simo's resignation takes effect August 15, 2025; the filing says it is not due to any disagreement with the company.
  • Rogers, 46, has been Chief Business Officer since September 2022; his base salary will be CAD $1,370,000 per year.
  • Rogers's promotion RSUs are targeted at about $15 million in grant value, subject to Board or Compensation Committee approval; Simo's unvested time-vesting awards are forfeited as of the effective date.
  • The Board raised the buyback authorization to $1 billion on May 22, 2025, with about $218 million of prior capacity remaining as of March 31, 2025.

The filing

CompanyMaplebear (CART)
Form8-K, current report
Filed with the SECMay 28, 2025, 9:03 AM ET
Accession number0001579091-25-000058

Items reported: 5.02 Director / Officer Change8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing 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 28, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.