Management ChangeJul 29, 2026, 06:07 AM
Lemonade CFO Tim Bixby to Board; Nick Stead Appointed New CFO
AI Summary
Lemonade, Inc. announced a leadership transition, with current Chief Financial Officer Tim Bixby moving to a Class III Board member role, effective January 1, 2027. Concurrently, Nick Stead, the company's Senior Vice President Finance, has been appointed as the new Chief Financial Officer, also effective January 1, 2027. Mr. Stead, who joined Lemonade in 2019, has been instrumental in significant financial milestones including the company's IPO and a strategic acquisition.
Key Highlights
- Tim Bixby will transition from Chief Financial Officer to a Class III member of the Board of Directors.
- Mr. Bixby's transition is effective January 1, 2027.
- Nick Stead, currently Senior Vice President Finance, has been appointed as the new Chief Financial Officer.
- Mr. Stead's appointment as CFO is effective January 1, 2027.
- Mr. Stead will also serve as the principal financial officer and principal accounting officer.
- Mr. Stead joined Lemonade in December 2019 and played a key role in the company's IPO, secondary offering, and a strategic acquisition.
Price Impact
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