Darrell Cavens Explained
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]
Notes and References
- Serena Ng, "QVC Buying Online Shopping Site Zulily," The Wall Street Journal, August 17, 2015
- Claire Cain Miller, "Blue Nile's Co-Founder Starts a Private-Sale Site," The New York Times, December 17, 2009.
- https://www.bloomberg.com/research/stocks/private/person.asp?personId=9963468&privcapId=30796 "Darrell Cavens,"
- Angel Gonzalez, "QVC buys zulily at a discount from red-hot 2013 IPO," The Seattle Times, August 17, 2015.
- John Cook, "Photo of the day: 5-year-old son of Darrell Cavens introduces Zulily to Wall Street," GeekWire, November 5, 2013.
- Becky Monk, "Rover, Redfin and Zulily CEOs among Ernst & Young's Entrepreneur of the Year winners," Puget Sound Business Journal, June 23, 2014.
- Sheena Bulter-Young, "QVC Post-Merger Reorganization Will See Top HSN Execs Exit," FootWear News, October 12, 2017.
- Nat Levy and Todd Bishop, "Zulily co-founder Darrell Cavens departing as Seattle e-commerce company embarks on new era," GeekWire, September 13, 2018.
- Rachel Lerman, "Madrona Venture Labs assembles advisory board," The Seattle Times, March 10, 2016.
- Web site: Zulily CEO Darrell Cavens joins OfferUp board, sees big things ahead for the Craigslist rival. May 31, 2017. GeekWire. en-US. January 17, 2019.
- Lisa Lockwood, "Tapestry Adds Darrell Cavens to Board of Directors," Women's Wear Daily, July 10, 2018.
