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Sheila Lirio Marcelo, Founder and CEO of Care.com, to Be Named Executive Chairwoman

WALTHAM, Mass.--(BUSINESS WIRE)--Founder, Chairwoman and CEO Sheila Lirio Marcelo of Care.com (NYSE: CRCM), the world’s largest online marketplace for finding and managing family care, announced today 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.