CARE.COM APPOINTS STEVEN CAKEBREAD TO BOARD OF DIRECTORS
WALTHAM, MA, December 3, 2013 - Care.com (http://www.care.com/), the world's largest online care destination, announced today that Steven Cakebread has been appointed to the Company's Board of Directors where his duties will include Chairman of the Audit Committee.
In making the announcement, Sheila Lirio Marcelo, Founder and CEO of Care.com, said, "We are thrilled to welcome a technology executive of Steve's caliber to our Board. Steve's background in both B-to-C and B-to-B businesses and breadth of leadership experience will be invaluable to the growth of our consumer matching business, alongside our Workplace Solutions and Business Services units."
Mr. Cakebread said, "I am honored and excited to have been asked to play a role in Care.com's mission to not only serve millions of families but also build a growing global company."
Mr. Cakebread currently serves as Chief Administrative Officer and Chief Financial Officer of D-Wave Systems Inc., a quantum computing company. He previously served as the Chief Financial Officer of Pandora Media Inc. from March 2010 to January 2013. Prior to joining Pandora, Mr. Cakebread was President and Chief Strategy Officer of Salesforce.com, a customer relationship management service provider, and served as Executive Vice President and Chief Financial Officer of Salesforce.com from May 2002 to February 2008. During his tenure at Salesforce.com, Mr. Cakebread was responsible for managing the company's global financial staff and initiatives and evaluating its software service deliverability.
Before joining Salesforce.com, Mr. Cakebread spent five years at Autodesk, a software company, where he served as Senior Vice President and Chief Financial Officer. From April 1992 to April 1997, he was Vice President of Finance for Silicon Graphics World Trade, a subsidiary of a high-performance computing and data management company. Mr. Cakebread held various finance and senior management roles at Hewlett Packard in the United States and Asia from 1974 to 1992. Mr. Cakebread holds a Bachelor of Science degree in business from the University of California at Berkeley and a Master of Business Administration from Indiana University.
About Care.com, Inc.
Launched in the U.S. in 2007, Care.com (www.care.com) is now the largest online care destination in the world with 9.5 million members spanning 16 countries, including the United Kingdom and Canada, as well as throughout Europe as Betreut. Care.com enables people to connect to family care services in a reliable and easy way, helping them make informed decisions in one of the most critical aspects of their lives-finding and managing quality care. Care.com also provides tools and resources to help families make safer and more informed decisions throughout the search and hiring process, including monitored messaging, background check services, recorded references, and an online safety guide. Through Care.com HomePay, a service provided by Breedlove & Associates, L.L.C., a Care.com company, the Company offers an easy way for people to manage their household payroll through the nation's largest full-service provider of household payroll, tax and compliance services. Fortune 500 companies, educational institutions, technology companies and professional services firms also offer Care.com memberships and a comprehensive back up care service as a benefit to employees through Care.com's Workplace Solutions program.
# # #