CART GS Communacopia 2025

I'm excited to have the team from Instacart here. We've got Chris Rogers, now CEO of Instacart. Before we get started, I'm going to read a safe harbor. Some of the statements made today by Instacart may be considered forward-looking.

These statements involve a number of risks and uncertainties that could cause actual results to differ materially. Any forward-looking statements made today by the company are based on assumptions as of today, and Instacart undertakes no obligation to update them. Please refer to Instacart's most recent Form 10-Q for a discussion of the risk factors that may impact actual results. Chris may also reference certain non-GAAP financial metrics, and reconciliations are included in Instacart's shareholder letters which are available on Instacart's Investor Relations website.

Okay. Thank you for sticking with me through the safe harbor. Chris, welcome to your first Communacopia Technology Conference. Thanks for being here.

Yes. Thank you.

Okay. First, Chris, congrats on the new role. You are Instacart's CEO. You were elevated that role from Chief Business Officer.

Why don't you level set for those who don't know you in the audience? Give us a little bit of your background and your history with Instacart.

Sure. Well, first of all, thank you, Eric. Thank you for the congrats. Thank you for having me.

I'm really happy to be here. Building a strong relationship with the investor community is important to me. So I do appreciate this opportunity. I'll start with a little bit of my background prior to Instacart, and then I'll talk about my Instacart journey and then -- and a little bit on my approach.

I started my career at Procter & Gamble, leading relationships with large national retailers and local regional retailers, really learning how to build a business at one of the largest CPGs, and then I moved to Apple. And I spent 11 years at Apple, first leading the consumer business in Canada and then the i Phone business in Canada in an intensely competitive market. And then ultimately went on to be the Managing Director for Canada, so leading the team and the business there.

In 2019, I made the decision to leave Apple and join Instacart. I was really drawn in by just the massive market opportunity and the ability to transform and innovate this $1 trillion industry. I started with