Tech Moves: Remitly CFO will step down; OfferUp hires former Kellogg exec; and more

— Susanna Morgan is stepping down as CFO of Remitly.

Morgan joined the Seattle-based digital remittance company in 2018, following finance exec roles at Apptio, Concur, and Vertafore.

Remitly announced Morgan’s departure as part of its first quarter earnings report. The company, which went public last year, said Morgan will step down later in 2022 and continue in an advisory capacity until Sept. 30. Remitly is using an executive search firm to find a replacement.

— Rishi Padhi, former vice president and general manager of e-commerce at Kellogg, joined OfferUp as vice president and head of marketing.

Padhi spent three years at Kellogg and oversaw e-commerce strategy for North America. He also founded an online subscription-based grocery marketplace called PantryPerks and was a director at eBay, one of OfferUp’s competitors.

Founded in 2011, Bellevue, Wash.-based OfferUp runs a marketplace for used goods. The company landed a former Booking.com director and other notable executives from Amazon and T-Mobile last year. OfferUp currently ranks No. 6 on the GeekWire 200 index of the fastest-growing startups in the Pacific Northwest.

— Adam Coccari, former operating partner of Microsoft’s venture fund, joined SeaChange Fund as managing partner.

Coccari previously worked at Microsoft for more than seven years where he oversaw M12, Microsoft’s venture fund. Coccari also worked on cloud infrastructure as a manager at Azure.

SeaChange Fund is a venture capital firm that backs early-stage startups based in the Pacific Northwest. SeaChange Fund’s portfolio includes Factal, a breaking news startup, Vouched, an ID verification software solution, and Spiral Genetics, a woman-led DNA analysis startup.