Serving as CEO of a public company typically involves a lot more work than running a private startup, such as dealing with quarterly earnings calls, ramping up sales and marketing teams, while being transparent with shareholders.
Libin, a serial entrepreneur who has run the company since 2007, revealed that he was actively hunting for his replacement last month in a report from The Information.
O’Neill will officially take over the CEO role next Monday.
Evernote is equally well-known among tech enthusiasts and average note scribblers, but the product has in recent year, become a “Jack of all trades, master of nothing”, as it has added features and consolidated many of its disparate apps into the program. It has over 150 million users worldwide, with more than 20,000 companies using its premium business product.
Former Google Canada head and legitimate Canadian, Chris O’Neill, who left the country to take business lead on Google[x], Sergey Brin’s experimental arm of the search giant, is now CEO at Evernote, replacing pseudo-founder Phil Libin, who is moving into the role of Executive Chairman.
Evernote raised about $290 million since its open beta launch in June 2008 and is valued at $1 billion.
Libin explained that Evernote has 150 million users worldwide, but the company has larger ambitions.
“Chris can help us achieve Evernote’s potential, so we can help billions of people achieve theirs”, Libin wrote. He’s highly regarded as a leader who can grow enormously successful teams while preserving their culture and values.
“He believes in what we’ve built and has the leadership experience to bring Evernote to all the people and companies that are sick and exhausted of outdated tools”.
O’Neil spent almost a decade with Google, most recently as the director of business operations at the Google X division.
Chris holds an MBA from the Tuck School at Dartmouth College and a BA degree with Honors in economics from Huron University College at the University of Western Ontario.