Etsy Announces Management Changes
PR Newswire
59m ago
Ai Focus
Etsy announces that Chief Financial Officer Lanny Baker will leave the company on March 1, 2027, and is expected to continue serving in an advisory capacity until July 1, 2027, to assist with the handover process. The company has hired a headhunting firm to find a successor, and it is anticipated that the new CFO will be based in New York.
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Brooklyn, New York, October 28 (Reuters) / PRNewswire / -- Etsy, Inc. (New York Stock Exchange ticker: ETSY) announced that the company, which operates Etsy markets and connects millions of creative buyers and sellers around the world, today revealed that its Chief Financial Officer Lanny Baker will leave the company on March 1, 2027, to pursue opportunities outside of Etsy. Thereafter, Baker is currently expected to continue serving in an advisory role until July 1, 2027, to assist with the transition. The company has hired a executive search firm to help find a successor, who is expected to be based in New York.

Etsy CEO Kruti Patel Goyal stated: "Since we began our collaboration at the beginning of 2025, Lanny has always been an exceptionally outstanding partner. I am grateful for his leadership, sound judgment, and the significant contributions he and his team have made in implementing our priorities and improving performance. As he leaves Etsy, the company has built a stronger momentum for the future. I wish him all the best."

Baker It has been an honor to serve as the Chief Financial Officer of Etsy over the past two years, and I am proud of the significant progress we have made in reigniting growth and further solidifying our financial foundation. I am very confident that this highly differentiated market, along with Kruti and the management team, have the capability to achieve sustained performance. We will work closely together to ensure a smooth transition to the new CFO in 2027.

About Etsy

Etsy, Inc. We own and operate Etsy Market, a unique and creative marketplace that connects millions of creative entrepreneurs with buyers from all over the world. In an era of increasing automation, our mission is to keep human connections at the heart of business. This is also why we built such a platform: creativity thrives here because it is driven by people. We help the seller community turn their ideas into successful businesses. The platform connects them with millions of buyers looking for alternative options, offering special and personalized products for those moments in life that require imagination.

Etsy was established in 2005, with its headquarters located in Brooklyn, New York.

Etsy indicates that it has used and intends to continue using the investor relations website and Etsy News Blog ( etsy.com / news ) to disclose significant non-public information, and to fulfill its disclosure obligations under Regulation FD. Therefore, in addition to following the company's press releases, SEC documents, as well as public teleconferences and webcasts, investors should also pay attention to its investor relations website and Etsy News Blog.

Investor Relations Contacts: [ email protected ]

Media Relations Contacts: [ email protected ]

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