Allbirds Appoints New CEO, Changes Name Again Amid Shift to AI

Former shoe brand Allbirds announced it would become an AI company in April and is now changing its name a second time as it appoints a new CEO, Nadia Carlsten.

An exterior view of an Allbirds store, a maker of sustainable shoes, in lower Manhattan in New York City on Aug. 31, 2021. Spencer Platt/Getty Images

After pivoting to become an AI company in April, former shoe brand Allbirds on June 17 announced another name change to become “Smartbird” and appointed a new president and CEO, Nadia Carlsten.

The company also said it increased the size of its convertible financing facility from $50 million to $100 million and appointed its independent director Lily Yan Hughes as board chair.