In an executive shakeup, Airbnb Thursday said that its CFO, Laurence “L.T.” Tosi will be leaving the company and that CEO Brian Chesky’s longtime deputy, chief business affairs and legal officer Belinda Johnson, would be elevated to the new role of COO. The company also said it is not going public in 2018. The Tosi news was sudden and unexpected, despite recent reports of tensions between him and Chesky; the news about Johnson is not likely to surprise anyone familiar with her prominent role and reputation within the company. Tensions between Tosi and Chesky had recently escalated, due in part to Tosi’s wanting more responsibilities. According to an in-depth report from The Information, he was seeking to become either COO or president of the company’s core homes division. Get the full story at Fortune Read also "“The woman who runs Airbnb" at Wired