Dive Summary:
- Wayfair has appointed former Warner Music executive Michael Fleisher as the company’s new CFO.
- Wayfair’s former CFO Nicholas Malone will continue his tenure with the company as new CAO.
- The announcement comes as the home goods e-tailer prepares an IPO, likely set for 2014 or 2015.
Dive Insight:
Wayfair is anticipating revenues could reach $940 million in 2013. The figure would be a 50% increase in sales from 2012’s total of $600 million. Wayfair is the largest online seller of home goods in the U.S.