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Pinterest poaches first CFO from Twitter, as IPO rumblings grow

SILICON VALLEY — Pinterest has named its first chief financial officer, saying this week that it has hired former Twitter executive Todd Morgenfeld, as it continued to deny reports that it is interested in launching an initial public offering this year. The San Francisco-based "search engine for ideas" said that Morgenfeld will take over for its current head of finance, Natalie Fair, who is "looking at other opportunities within the company," the Wall Street Journal reports.
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