Ibotta Appoints Chris Riedy as new Chief Revenue Officer

DENVER--(BUSINESS WIRE)--Dec 23, 2024--

Ibotta, Inc. (NYSE: IBTA), which operates the largest digital promotions network in North America, announced today that Chris Riedy will join the company as Chief Revenue Officer (CRO), effective January 13, 2025. He will report to CEO and founder, Bryan Leach, and will join the company’s Senior Leadership Team.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241223143897/en/

As CRO, Riedy will oversee all revenue-generating activities of the company. He will be focused on leading Ibotta’s Sales team, strengthening ties with Ibotta’s portfolio of premium brand partners, and continuing to establish Ibotta as the CPG ecosystem’s critical partner for driving measurable incremental sales at scale.

“Embarking on the next phase of our journey as a public company, we are excited to bring in expertise and advice from a well-respected industry thought leader who will help us achieve our mission to Make Every Purchase Rewarding,” said Bryan Leach, founder and CEO of Ibotta. “Chris is a dynamic, proven leader with deep expertise in building and scaling high-performing sales organizations for major tech companies both in and outside the United States. We are excited to welcome him to the Ibotta team and look forward to his contributions as we continue to drive sustainable revenue growth, expand our customer base, and optimize our sales operations.”

Riedy brings over 25 years of experience in sales, business development, product and marketing to Ibotta. He joins the company from tvScientific, where he served as Chief Revenue Officer. Prior to tvScientific, Riedy held various leadership positions at X (formerly Twitter), including Vice President of Global Sales and Marketing, Vice President of Europe, Middle East and Africa (EMEA), and Managing Director of US Retail, Financial Services, Travel & Mobile + Inside Sales.

"I am thrilled to be joining Ibotta at such an exciting time in the company's growth," said Riedy. "Ibotta has established itself as a pioneer in the changing digital promotions space with a strong track record of innovation and customer satisfaction. I look forward to working with the team to drive continued revenue growth and market leadership."

Riedy holds a Bachelor of Arts degree from Denison University and a Master of Business Administration from Santa Clara University.

About Ibotta ("I bought a...")

Ibotta (NYSE: IBTA) is the largest digital promotions network in the US, focused on allowing CPG brands to deliver digital promotions to over 200 million consumers through a network of publishers called the Ibotta Performance Network (IPN). The IPN allows marketers to influence what people buy, and where and how often they shop – all while paying only when their campaigns directly result in a sale. American shoppers have earned over $2 billion through the IPN since 2012. The largest tech IPO in history to come out of Colorado, Ibotta is headquartered in Denver, and is continually listed as a top place to work by The Denver Post and Inc. Magazine.

(Photo: Business Wire)

Hockey player Matt Petgrave has called the death of Adam Johnson “a tragic accident” in a public appeal for donations to his legal costs amid a police investigation.

Johnson, who had briefly played for the Pittsburgh Penguins, died after his neck was cut by Petgrave's skate in a collision between the two opponents in a game in Sheffield, England, over a year ago.

Petgrave has raised nearly 10,000 pounds ($12,500) after recently launching a drive on a UK-based crowdfunding site.

A man, whose name has not been released by police, remains under investigation after being arrested on suspicion of manslaughter. South Yorkshire Police have re-bailed the man several times, most recently in early November. No criminal charges have been filed.

“On October 28, 2023, I was involved in a tragic accident that resulted in the passing of fellow ice hockey player Adam Johnson,” Petgrave, who was a defenseman for the Sheffield Steelers, said in a statement on CrowdJustice.

“There is an ongoing police investigation and the legal process has been long and challenging," the 32-year-old Canadian's statement added.

“I am seeking help to cover some of my legal costs whilst I am subject to police bail, as well as additional costs if the matter proceeds to criminal court. Any remaining funds will be donated to initiatives that promote safety in hockey, via a CrowdJustice campaign in-line with their unused funds policy.”

CrowdJustice said it conducts “rigorous checks" before drives can be launched. All funds raised go directly to a designated lawyer's account for that client.

It said: “We can confirm these checks have been completed for the Matthew Petgrave campaign. Raised funds will be sent directly to the instructed lawyers.”

Petgrave's page lists Manchester law firm Burton Copeland, which did not respond to an email and phone call for more information.

Johnson, who was a 29-year-old forward with the Nottingham Panthers, was skating with the puck into Sheffield’s defensive zone. As he pivoted to move inside, Petgrave was skating toward him. Petgrave had another Panthers player in front of him and appears to have made contact. Then, Petgrave’s left skate elevated as the defenseman began to fall and the blade hit Johnson in the neck.

“Initially, I had the benefit of insurance cover, but through no fault of my own, this has been halted,” Petgrave’s statement said. “Additionally, the time and costs involved in the legal investigation and potential court proceedings are difficult for me to cover on a privately funded basis. This is especially challenging because my UK visa has expired, preventing me from working as a professional ice hockey player while I continue to need legal assistance.”

Johnson was living with fiancee Ryan Wolfe and studying at Loughborough Business School.

The UK's Elite Ice Hockey League made neck guards mandatory last Jan. 1, two months after Johnson’s death.

AP hockey: https://apnews.com/hub/hockey

FILE - Flower tributes for Nottingham Panthers player Adam Johnson rest outside the Motorpoint Arena before a memorial ice hockey game between Nottingham Panthers and Manchester Storm in Nottingham, England, Nov. 18, 2023. (AP Photo/Rui Vieira, File)