Founder, Chairwoman and CEO Sheila Lirio Marcelo of Care.com announced on behalf of the Company that she will assume the role of Executive Chairwoman of Care.com. A search will begin for a new CEO ?led by Lead Independent Director George Bell and Board Director Marla Blow?, along with Ms. Marcelo?. Ms. Marcelo will serve as CEO until a new CEO is named. As Executive Chairwoman and board member, Ms. Marcelo will advocate for improvements and innovations in the country’s care infrastructure to better enable families to find quality care and caregivers to find meaningful work. At the same time, she will champion efforts to drive systemic change across the care economy as a whole and support initiatives to leverage the Company’s data, scale and influence. Ms. Marcelo will also advise the new CEO in areas such as Care@Work client relationships, policy initiatives and public engagement.