Darrell Cavens

Darrell Cavens
Born
Darrell Cavens

(1972-11-21) November 21, 1972 (age 48)
Nationality American and Canadian
Education University of Victoria
Occupation Entrepreneur
Known for Co-Founder and CEO (2009 – 2018), Zulily

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]


References

  1. ^ Serena Ng, "QVC Buying Online Shopping Site Zulily," The Wall Street Journal, August 17, 2015
  2. ^ Claire Cain Miller, "Blue Nile’s Co-Founder Starts a Private-Sale Site," The New York Times, December 17, 2009.
  3. ^ "Darrell Cavens," Bloomberg News, retrieved October 28, 2018.
  4. ^ Angel Gonzalez, "QVC buys zulily at a discount from red-hot 2013 IPO," The Seattle Times, August 17, 2015.
  5. ^ John Cook, "Photo of the day: 5-year-old son of Darrell Cavens introduces Zulily to Wall Street," GeekWire, November 5, 2013.
  6. ^ Becky Monk, "Rover, Redfin and Zulily CEOs among Ernst & Young's Entrepreneur of the Year winners," Puget Sound Business Journal, June 23, 2014.
  7. ^ Sheena Bulter-Young, "QVC Post-Merger Reorganization Will See Top HSN Execs Exit," FootWear News, October 12, 2017.
  8. ^ Nat Levy and Todd Bishop, "Zulily co-founder Darrell Cavens departing as Seattle e-commerce company embarks on new era," GeekWire, September 13, 2018.
  9. ^ Rachel Lerman, "Madrona Venture Labs assembles advisory board," The Seattle Times, March 10, 2016.
  10. ^ "Zulily CEO Darrell Cavens joins OfferUp board, sees big things ahead for the Craigslist rival". GeekWire. 2017-05-31. Retrieved 2019-01-17.
  11. ^ Lisa Lockwood, "Tapestry Adds Darrell Cavens to Board of Directors," Women's Wear Daily, July 10, 2018.

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