Nextdoor CEO Sarah Friar to step down, Nirav Tolia to succeed

Nextdoor announced that Nirav Tolia, co-founder of Nextdoor, will return to the company as CEO, President and Chairperson of the Board. Sarah Friar will step down as CEO, President and Chairperson of the Board, with an orderly transition in Q2. “Our Q4 results demonstrate renewed strength across all our key metrics. While there is never a perfect time for a transition, I feel the time is now right to put the company back in Nirav’s hands,” said Sarah Friar. “Since I joined in 2018, Nextdoor has nearly tripled to more than 88M Verified Neighbors, now reaching over 330,000 neighborhoods around the world. The people at Nextdoor have made the past five years such a special time in my life, and it is because of them that I am more optimistic than ever about our mission and momentum.”