Darrell Cavens

Last updated

Darrell Cavens
Born1972 (age 52–53)
Education University of Victoria
OccupationEntrepreneur
Known forCo-Founder and CEO (2009 – 2018), Zulily

Darrell Cavens (born 1972) is an executive who was the co-founder and former CEO of the e-commerce company Zulily, which was acquired by QVC in 2015 for $2.6 billion. [1]

Career

Prior to Zulily, Cavens held executive positions with Microsoft and online jewelry retailer Blue Nile. [2] [3]

In 2009, Cavens and Mark Vadon co-founded Zulily, a flash-sales site focused on children's products. The site launched in 2010. [4] Zulily went public in November 2013. Cavens retained 21.6 percent of the voting power following the IPO. [5] In 2014, Cavens won Ernst & Young's Entrepreneur of the Year for e-commerce. [6]

In August 2015, Zulily was acquired by Liberty Interactive/QVC for 2.4 billion. Cavens remained as CEO of the company until January 2018 when he became President of New Ventures for newly-reorganized parent company Qurate Retail Group. [7] [8]

In March 2016, Cavens was named to Madrona Venture Labs' advisory board. [9] In 2017, Cavens joined the Board of Directors at OfferUp. [10] In July 2018, Cavens was appointed to the board of directors for Tapestry, Inc. [11]

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References

  1. ↑ Serena Ng, "QVC Buying Online Shopping Site Zulily," The Wall Street Journal , August 17, 2015
  2. ↑ Claire Cain Miller, "Blue Nile's Co-Founder Starts a Private-Sale Site," The New York Times , December 17, 2009.
  3. ↑ "Darrell Cavens," Bloomberg News , retrieved October 28, 2018.
  4. ↑ Angel Gonzalez, "QVC buys zulily at a discount from red-hot 2013 IPO," The Seattle Times , August 17, 2015.
  5. ↑ John Cook, "Photo of the day: 5-year-old son of Darrell Cavens introduces Zulily to Wall Street," GeekWire , November 5, 2013.
  6. ↑ Becky Monk, "Rover, Redfin and Zulily CEOs among Ernst & Young's Entrepreneur of the Year winners," Puget Sound Business Journal , June 23, 2014.
  7. ↑ Sheena Bulter-Young, "QVC Post-Merger Reorganization Will See Top HSN Execs Exit," FootWear News , October 12, 2017.
  8. ↑ Nat Levy and Todd Bishop, "Zulily co-founder Darrell Cavens departing as Seattle e-commerce company embarks on new era," GeekWire, September 13, 2018.
  9. ↑ Rachel Lerman, "Madrona Venture Labs assembles advisory board," The Seattle Times , March 10, 2016.
  10. ↑ "Zulily CEO Darrell Cavens joins OfferUp board, sees big things ahead for the Craigslist rival". GeekWire. May 31, 2017. Retrieved January 17, 2019.
  11. ↑ Lisa Lockwood, "Tapestry Adds Darrell Cavens to Board of Directors," Women's Wear Daily , July 10, 2018.
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