Kelly Steckelberg, a former CFO of Zoom, has been appointed as the head of finance at Canva ahead of its anticipated initial public offering.

• Kelly Steckelberg, who was previously Zoom's finance head, has been appointed as Canva's CFO.
• Zoom went public five years ago with the help of Steckelberg, who led the company through the pandemic surge.
• Recently valued at $32 billion, Canva is generating $2.5 billion in annualized revenue.

Kelly Steckelberg, who helped take public and guided the company through its pandemic surge, has been hired as CFO at Canva, a high-valued design software startup that competes with .

In 2013, Canva was established and is currently valued at $32 billion, down from its peak of $40 billion in 2021.

Canva stated in an emailed statement that Kelly's impressive track record as a strong leader and strategic thinker, along with her proven expertise in scaling enterprise companies, make her the ideal candidate for our leadership team.

Canva, a tech company with 220 million monthly users, is generating about $2.5 billion in annualized revenue and is being viewed as a top IPO candidate after a slow period for new venture-backed tech offerings since early 2022.

On Monday, ServiceTitan, a software company for the trades, filed to list on the Nasdaq. Cerebras, an AI chip manufacturer, has been on file since late September, and Klarna, an online lender, announced last week that it has confidentially filed its IPO paperwork with the SEC.

Canva did not disclose its IPO timeline, according to a spokesperson.

Steckelberg was CEO of Zoosk and held financial positions at before joining Zoom in 2017. He is based in Austin, Texas, while Canva is headquartered in Sydney, Australia.

In 2019, Zoom went public with Steckelberg's assistance. The video-chat company experienced a surge in market cap to over $160 billion in October 2020, during the early stages of the Covid pandemic, as remote workers flocked to the app. However, Zoom has since lost more than 85% of its value.

Michelle Chang replaced Steckelberg as Zoom's CFO in August, after Steckelberg left the company after seven years.

In February, Damien Singh, Canva's former finance chief, resigned following an internal investigation into inappropriate behavior at the company.

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