Etsy Announces Management Changes
PR Newswire
1h 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.
Helpful
No.Help

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 ]

Tip
$0
Like
0
Save
0
Views 35
CoinMeta reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
The Glow of Chinese Tech Stocks Fades: What Lies Behind the Selling?
Chinese tech stocks are under pressure due to investors' doubts about whether the artificial intelligence boom can generate sufficient profits to support high valuations. The STAR 50 index has fallen by more than 40% from its July high, and CATL has also seen a decline of 37% this year. Analysts believe that the selling pressure initially stemmed from valuation corrections and profit-taking, but it has now evolved into a re-evaluation of whether earnings can match the AI investment.
CNBC
·2026-10-29 10:22:53
25
S&P Global releases third-quarter results and announces a strategic assessment of Capital IQ and related data businesses
S&P Global ( NYSE : SPGI ) announced that the company released its third-quarter results today and will hold a conference call on October 27th at 8:30 AM Eastern Time to review the third-quarter performance of 2026. The company also announced that it is conducting a strategic assessment of Capital IQ and related data businesses.
PR Newswire
·2026-10-29 10:13:45
21
PayPal Announces Third Quarter 2026 Results
PayPal Holdings, Inc. Announced the third-quarter results for 2026 as of September 30, 2026, and stated that the related financial report press release and materials have been published on the investor relations website. The company will also hold a teleconference at 5 a.m. Pacific Time on the same day to discuss the results.
PR Newswire
·2026-10-29 09:33:51
36
Infosys Successfully Completed the Global SAP S /4HANA Migration of Syngenta's Plant Protection Business
Infosys indicates that the global SAP S /4HANA transformation project CP Core for Sinochem's plant protection business has been successfully implemented and launched. This project provides a unified digital core for over 10,000 employees, covering 80 countries, with the aim of simplifying processes, enhancing governance, and laying an scalable foundation for future innovations.
PR Newswire
·2026-10-29 09:33:49
39
Yinfusai successfully completes the global SAP S /4HANA transformation of Syngenta's crop protection business
Intafors announces that it has jointly completed its global SAP S /4HANA transformation project CP Core with Syngenta for its crop protection business. This unified digital core covers 80 countries and more than 10,000 employees, aiming to simplify operations, strengthen governance, and lay a scalable foundation for future innovations.
PR Newswire
·2026-10-29 09:24:13
36
View More