Etsy Names New CEO
Kruti Patel Goyal, former head of Depop, will replace Josh Silverman as Etsy's CEO by the end of the year.
Silverman, who led the company for eight years, will become executive chairman. Goyal has over 10 years of experience at Etsy and previously led Depop, a social-commerce platform acquired by Etsy four years ago.
- Goyal has been Etsy's president and chief growth officer for about seven months.
- Etsy faces challenges in growing its business, with a 5% decline in active buyers from the previous year.
No specific quotes available in the given text.
Author's summary: Kruti Patel Goyal replaces Josh Silverman as Etsy's CEO.
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