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wn.com - 14 hours ago

Etsy shares slide despite earnings beat as CEO Josh Silverman announces departure

Shares of Etsy fell more than 9% in premarket trading on Wednesday after the e-commerce company announced that Chief Executive Josh Silverman will step down at the end of the year. Silverman will be stepping down after steering the company for eight years. He will be succeeded by Kruti Patel Goyal, Etsy’s current president and chief growth officer, who will also join the company’s board effective January 1. I ve decided that this is the right time for me to hand over the leadership baton to the next generation, Silverman...


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