• by Ray Schultz , August 12, 2022

Mailchimp co-founder Ben Chestnut is stepping down as CEO of Mailchimp, less than one year after the company’s purchase by Intuit for $12 billion.  

Rania Succar, who heads the QuickBooks Money team, will replace him, Chestnut wrote in a blog post. 

“While I’m taking a step back from my day-to-day responsibilities, I’m not going anywhere,” Chestnut wrote. “I’ll remain on Mailchimp’s leadership team, helping drive product innovation and staying close to this brand I love."

Chestnut added: “You’ll have the opportunity to get to know Rania in the coming weeks, but for now I’ll say she’s going to be an incredible leader for Mailchimp’s next chapter. She has deep product experience, she knows how to drive innovation and get results, and as the QuickBooks Money leader, she has the unique ability to connect all the dots and drive Mailchimp’s performance as part of Intuit’s greater ecosystem."

At 48, Chestnut is one of the world’s wealthiest people, the Atlanta Business Chronicle reports.  

Chestnut co-founded Mailchimp with Dan Kurzius in 2001. “Building this company has been one of my life’s greatest joys, and I can’t wait to see how this business that Dan and I created grows up into an iconic international platform for small businesses,” Chestnut stated.