Airbnb loses CFO, gains COO in leadership shakeup; says no listing in 2018

Short-term home rental service Airbnb Inc will not go public this year, the company said on Thursday, and it also announced a change in executive leadership with the loss of its chief financial officer and appointment of its first chief operating officer.

San Francisco-based Airbnb, a service where homeowners and renters can post their house, room or apartment for rent, had been on a list of anticipated initial public offerings this year.
Chief Executive Officer Brian Chesky refuted that timeline, and said in a statement that "we're working on getting ready to go public and we will make decisions about going public on our own timetable."

In line with a number of changes to help prepare the company for long-term growth, Airbnb promoted Belinda Johnson, who has been at the company since 2011, to COO, Chesky said. She was most recently its chief business affairs and legal officer.