Nextdoor Holdings Inc. Appoints Indrajit Ponnambalam as Chief Financial Officer

Nextdoor Holdings, Inc. (NYSE: NXDR), the prominent neighborhood network, has announced the appointment of Indrajit Ponnambalam as its new Chief Financial Officer (CFO), effective December 1, 2025. This strategic move comes at a crucial time for the company as it seeks to enhance its financial leadership and drive sustainable growth in the competitive landscape of community-focused platforms. Ponnambalam will report directly to Nextdoor Co-Founder and Chief Executive Officer Nirav Tolia.

Indrajit Ponnambalam brings over 20 years of extensive financial leadership experience, particularly within high-growth technology, media, and consumer sectors. His most recent position was as CFO of Premion, a leading connected TV advertising platform catering to regional and local advertisers. His previous tenure at Match Group involved several senior finance leadership roles, including Chief Administrative Officer and Senior Vice President of Finance. During his five years at Match Group, Ponnambalam played a critical role in scaling the company’s global portfolio and supporting its evolution as a publicly traded entity.

Before his time at Match Group, Ponnambalam held finance roles at notable companies such as Time Warner Cable and AOL, further solidifying his deep expertise in financial management. He holds a Bachelor of Science in Finance and Accounting from Georgetown University and an MBA from the University of North Carolina at Chapel Hill.

Expressing his enthusiasm about joining Nextdoor, Ponnambalam stated, “I'm honored to join Nextdoor at such a pivotal moment in the company's journey. Nextdoor has built a unique and trusted platform that strengthens the fabric of local communities around the world. I'm excited to partner with this talented team to drive sustainable growth, operational excellence, and long-term value creation.” His focus on sustainable growth and operational excellence aligns with Nextdoor's mission to serve its vast network of over 100 million verified neighbors.

Nirav Tolia, Co-Founder and CEO of Nextdoor, expressed his excitement over Ponnambalam’s appointment. “We are thrilled to welcome Indrajit to Nextdoor. His deep financial expertise and proven leadership at scaled consumer technology companies make him an exceptional addition to our executive team. He brings both a disciplined financial approach and a deep appreciation for the power of local community,” Tolia stated.

This leadership transition is anticipated to bolster Nextdoor's financial strategies and enhance its ability to engage with local communities effectively, ultimately driving further growth and innovation.

Nextdoor serves as the essential neighborhood network, providing verified neighbors with trusted local news, real-time safety alerts, neighbor recommendations, and platforms for local commerce such as for-sale and free listings, as well as events. Beyond individual users, businesses, news publishers, and public agencies utilize Nextdoor to share vital information and connect with residents on a large scale.

For more information about Nextdoor's financial performance and corporate updates, interested parties can visit the company's investor relations site at investors.nextdoor.com.

In summary, the appointment of Indrajit Ponnambalam as CFO is a significant step for Nextdoor as it continues to navigate its path in the dynamic tech landscape, aiming to strengthen community ties and foster engagement among its users.