Etsy names Kruti Patel Goyal as CEO effective Jan 1, 2026; Josh Silverman becomes Executive Chair

ETSY INC

Kruti Patel Goyal, current President and Chief Growth Officer, will become CEO and join the Board effective Jan 1, 2026.
Josh Silverman steps down as CEO on Dec 31, 2025, to serve as Executive Chair through 2026, then Senior Advisor until Apr 1, 2027.
Fred Wilson steps down as Board Chair but remains on the Board.
Patel Goyal receives base salary $700k, 100% target bonus, and ~$16M equity award (50% RSU, 50% PSU). Silverman receives $420k salary, ~$8M PSU award.
Transition follows rigorous succession planning; under Silverman, GMS grew 4x, revenue nearly 8x, share price up 7x.

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