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ShopifyExecutive departure

Shopify CTO Mikhail Parakhin to depart after two years

Source: Autobound Signal API · 181 signals tracked for Shopify · updated

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What happened

Shopify CTO Mikhail Parakhin is departing his position and transitioning to an advisor role.

Source

betakit.comOct 19, 2026By Josh Scott

Shopify CTO Mikhail Parakhin to depart after two years

Article excerpt

Highlighted: the sentence this signal was extracted from

Former Microsoft executive Mikhail Parakhin is departing as CTO of Ottawa-based retail technology giant Shopify after just over two years in the role, BetaKit has confirmed. The news: An anonymous X post from Saturday was the first to indicate Parakhin's departure. BetaKit has since confirmed with Shopify that Parakhin is leaving that position and transitioning to an advisor. Shopify did not disclose when or why Parakhin is departing, or share any other details regarding this move. BetaKit has also reached out to Parakhin for comment, but he had not responded by publication time. From the source: "Mikhail has left an indelible mark on the company and has helped us level up in engineering and machine learning [ML]," a Shopify spokesperson told BetaKit over email. "As he leaves, we're grateful for his contributions and glad that he'll continue as an advisor." The context: Parakhin previously served as CTO of Moscow-based tech firm Yandex, and held senior executive roles at American tech giant Microsoft, including CEO of advertising and web services. Shopify brought on the Russian-trained physicist-turned-ML engineer as CTO in late 2024 for his deep expertise in AI. In that role, he took over for Allan Leinwand, who stepped down in early 2023 for "personal reasons." Final thought: Under Parakhin's leadership, Shopify has invested heavily in building AI for merchants and...

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Extracted by Autobound

From the Signal API record
Event
Executive departure

What this signalsA leader's exit often changes who makes buying decisions.

Person
Mikhail ParakhinCTO
Location
Ottawa, Ontario, Canada

More executive departure signals at other companies

The full record

From the Signal API record

People

  • Mikhail ParakhinCTO · Named in the story

Topics and mentions

Job title tags

  • directors
  • general technology
  • management

Extraction

Confidence
95%
Detected
Oct 19, 2026
signal_type
news
signal_subtype
leaves

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/8aa0dd5a-b87a-e02e-611e-31aa93e5bd80 returns this record as JSON. POST /v1/companies/enrich returns every signal for shopify.com.

{
  "signal_id": "8aa0dd5a-b87a-e02e-611e-31aa93e5bd80",
  "signal_type": "news",
  "signal_subtype": "leaves",
  "detected_at": "2026-10-19T22:42:03+00:00",
  "company": {
    "name": "Shopify",
    "domain": "shopify.com"
  },
  "data": {
    "url": "https://betakit.com/shopify-cto-mikhail-parakhin-to-depart-after-two-years/",
    "title": "Shopify CTO Mikhail Parakhin to depart after two years",
    "author": "Josh Scott",
    "contact": "Mikhail Parakhin",
    "excerpt": "Former Microsoft executive Mikhail Parakhin is departing as CTO of Ottawa-based retail technology giant Shopify after just over two years in the role, BetaKit has confirmed. The news: An anonymous X post from Saturday was the first to indicate Parakhin’s departure. BetaKit has since confirmed with Shopify that Parakhin is leaving that position and transitioning to an advisor. Shopify did not disclose when or why Parakhin is departing, or share any other details regarding this move. BetaKit has also reached out to Parakhin for comment, but he had not responded by publication time. From the source: “Mikhail has left an indelible mark on the company and has helped us level up in engineering and machine learning [ML],” a Shopify spokesperson told BetaKit over email. “As he leaves, we’re grateful for his contributions and glad that he’ll continue as an advisor.” The context: Parakhin previously served as CTO of Moscow-based tech firm Yandex, and held senior executive roles at American tech giant Microsoft, including CEO of advertising and web services. Shopify brought on the Russian-trained physicist-turned-ML engineer as CTO in late 2024 for his deep expertise in AI. In that role, he took over for Allan Leinwand, who stepped down in early 2023 for “personal reasons.” Final thought: Under Parakhin’s leadership, Shopify has invested heavily in building AI for merchants and deploying...",
    "summary": "Shopify CTO Mikhail Parakhin is departing his position and transitioning to an advisor role.",
    "location": "Ottawa, Ontario, Canada",
    "planning": true,
    "image_url": "https://cdn.betakit.com/wp-content/uploads/2024/08/Mikhail-Parakhin.jpg",
    "job_title": "CTO",
    "confidence": 0.95,
    "published_at": "2026-10-19T22:42:03Z",
    "location_data": [
      {
        "city": "Ottawa",
        "state": "Ontario",
        "region": "Northern America",
        "country": "Canada",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "job_title_tags": [
      "directors",
      "general_technology",
      "management"
    ],
    "article_sentence": "BetaKit has since confirmed with Shopify that Parakhin is leaving that position and transitioning to an advisor."
  }
}

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