SAN FRANCISCO, Feb. 23, 2023 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world’s largest mobile ecommerce platforms, today announced that Interim CEO Joe Yan has been appointed the permanent Chief Executive Officer of Wish, effective February 21, 2023. Mr. Yan, who has been serving as Interim CEO since September 2022, has also been appointed to the Company’s Board of Directors.

“Joe has a deep understanding of ecommerce and brings with him almost twenty years of strategic planning, operational excellence, innovation, and cultivating teams that deliver results,” said Tanzeen Syed, Chairman of the Wish Board of Directors. “As Interim CEO, he has demonstrated strong leadership skills, along with a passion and drive to push Wish to achieve its full potential. The Board has full confidence in Joe to guide the business back onto a path of growth.”

“This is a pivotal time for Wish. We have a huge opportunity ahead, and I am energized by the team and plan we have in place,” said Joe Yan, Chief Executive Officer of Wish. “I am committed to leading the business through this journey of transformation, and look forward to further building on our strengths, innovating for the future and setting up Wish for long-term success.”

Wish also announced today that it has named Mauricio Monico as its new Chief Product Officer to lead the entire product organization at Wish. Mr. Monico joined Wish in December 2021 as VP of Merchant & Logistics, Product before being appointed as Chief Merchant Officer, Product in August 2022. He is an accomplished product leader who has over 17 years of experience at Google, Facebook, eBay, and Microsoft.

Wish’s Interim Chief Technology Officer, Jerry Louis, will also step into the role on a permanent basis, effective immediately.

“We are also excited to announce the internal appointments of several senior leaders within the company who bring with them years of experience within the tech and ecommerce space. Together, we are laser focussed and motivated to return our business to a path of growth,” continues Mr. Yan. “By consolidating the consumer product, merchant product and logistic product teams together, we believe we can accelerate our product evolution to provide customers with a better end-to-end experience.”

To learn more about Wish, please visit #" Joe Yan - CEO of Wish (ContextLogic Inc.) Joe Yan - CEO of Wish (ContextLogic Inc.)