03:40:18 EDT Fri 29 Mar 2024
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Lightspeed Commerce Inc
Symbol LSPD
Shares Issued 150,161,959
Close 2022-10-04 C$ 27.04
Market Cap C$ 4,060,379,371
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Lightspeed hires Tabone as chief product, tech officer

2022-10-04 10:08 ET - News Release

Mr. Gus Papageorgiou reports

LIGHTSPEED APPOINTS FORMER GOOGLE EXECUTIVE AS CHIEF PRODUCT & TECHNOLOGY OFFICER

Lightspeed Commerce Inc. has appointed Ryan Tabone as its chief product and technology officer.

"Ryan brings an impressive track record of tackling large-scale technology challenges while empowering product and technology teams to keep creativity and innovation at the heart of everything they do," said J.P. Chauvet, chief executive officer of Lightspeed. "The solutions Lightspeed provides are pivotal to the success of retailers and restaurateurs worldwide -- and in today's dynamic environment, they have never needed us more. Ryan will play a central role in ensuring the solutions we bring to market not only power their continued success but provide new resources to enable them to adapt to the unexpected."

Mr. Tabone joins Lightspeed from Google, where he held a number of roles, among them being a founding member of the team that built Chromebook, and most recently as the vice-president and general manager of Google Pay and Google Finance. He has also served as an adviser and executive in residence for Other Bets, including Wing, Intrinsic and more.

"I've spent my career focused on solving problems to create fundamental shifts in industries for the benefit of businesses and consumers," said Ryan Tabone, Lightspeed's chief product and technology officer. "Small- and medium-sized businesses, in particular, spend a significant amount of time focused on the infrastructure of running their business, which pulls them away from doing what they love -- bringing unique value to their customers. Lightspeed, with its portfolio of products, is uniquely positioned to dramatically simplify the commerce stack for these merchants. I am extremely excited by the opportunity to enable businesses across the globe to more efficiently and effectively serve their customers, both on-line and in person, reducing the effort it takes to grow and run their business."

Throughout his nearly 15 years at Google, Mr. Tabone has overseen the development of various groundbreaking products, including Chromebook, G Suite and Google Finance. Mr. Tabone earned a bachelor of science from Johns Hopkins University and a master of science in electrical engineering and computer science from the Massachusetts Institute of Technology.

About Lightspeed Commerce Inc.

Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional customer experiences. Its cloud commerce solution transforms and unifies on-line and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks.

Founded in Montreal, Canada, in 2005, Lightspeed is dual listed on the New York Stock Exchange and Toronto Stock Exchange. With teams across North America, Europe and Asia Pacific, the company serves retail, hospitality and golf businesses in over 100 countries.

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