Company Affirms Fourth Quarter and Fiscal Year 2024 Financial Outlook

Eventbrite (NYSE: EB), a global marketplace for shared experiences, today announced that Chief Operating Officer Lanny Baker plans to depart from the company, effective December 31, 2024, to accept a senior executive position outside of the organization.

Baker, who was appointed COO in 2024, joined Eventbrite as Chief Financial Officer in 2019 and was instrumental in setting a strong financial foundation during his tenure. Baker will work closely with Eventbrite’s executive leadership team to transition his responsibilities, and the company has initiated a search to find his successor.

“I want to express my deep gratitude to Lanny for his 5-year partnership and significant role in strengthening our financial foundation and marketplace transformation,” said Julia Hartz, Co-Founder, Chief Executive Officer, and Executive Chair. “He's built an exceptional finance and operations team that will help us achieve our vision of becoming the go-to marketplace for live experiences. His contributions have set us up for future success, and I wish him the very best in his next endeavor.”

“I am grateful to have had the opportunity to work with Julia and the entire team to build Eventbrite into a global leader in the live events space,” said Lanny Baker, Chief Operating Officer. “I’m confident in the future that lies ahead for Eventbrite as the team takes the successes we've achieved together and builds on them to transform the business into a live experiences marketplace.”

In conjunction with today’s announcement, the company also reaffirmed its financial outlook for the fourth quarter and full year of 2024, which was previously announced on November 7, 2024.

About Eventbrite

Eventbrite is a global events marketplace that serves event creators and event-goers in nearly 180 countries. Since its inception, Eventbrite has been at the center of the experience economy, transforming how people organize and attend events. The company was founded by Julia Hartz, Kevin Hartz and Renaud Visage, with a vision to build a self-service platform that would make it possible for anyone to create and sell tickets to live experiences. With over 300 million tickets distributed for over 5 million events in 2023, Eventbrite is where people worldwide discover new things to do or new ways to do more of what they love. Eventbrite has also earned industry recognition as a top employer with special designations that include a coveted spot on Fast Company’s prestigious The World’s 50 Most Innovative Companies and Fast Company’s Brands That Matter lists, the Great Place to Work® Award in the U.S., and Inc.'s Best-Led Companies honor. Learn more at www.eventbrite.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, statements regarding the future performance of Eventbrite, Inc. and its consolidated subsidiaries (the “Company”); and the Company’s financial outlook. In some cases, forward-looking statements can be identified by terms such as “may,” “will,” “appears,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of these words or other similar terms or expressions that concern the Company’s expectations, strategy, plans, or intentions. Such statements are subject to a number of known and unknown risks, uncertainties, assumptions, and other factors that may cause the Company’s actual results, performance, or achievements to differ materially from results expressed or implied in this press release, including those more fully described in the Company’s filings with the Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Investors are cautioned not to place undue reliance on these statements. Actual results could differ materially from those expressed or implied. All forward-looking statements are based on information and estimates available to the Company at the time of this release, and are not guarantees of future performance. Except as required by law, the Company assumes no obligation to update any of the statements in this press release.

Eventbrite Investor Relations investors@eventbrite.com

Eventbrite Press press@eventbrite.com

Eventbrite (NYSE:EB)
Historical Stock Chart
Von Nov 2024 bis Dez 2024 Click Here for more Eventbrite Charts.
Eventbrite (NYSE:EB)
Historical Stock Chart
Von Dez 2023 bis Dez 2024 Click Here for more Eventbrite Charts.