NRI PULSE STAFF REPORT
New York, NY, October 30, 2025: Kruti Patel Goyal has been named the next Chief Executive Officer of Etsy, Inc., the global online marketplace known for handmade and vintage goods. She will officially assume the role on January 1, 2026, succeeding Josh Silverman, who will transition to the position of Executive Chair through the end of 2026.
Goyal, currently serving as President and Chief Growth Officer at Etsy, has been with the company for over a decade, holding several key leadership roles including Chief Product Officer, Head of Seller Services, and Head of Marketplace Integrity and Trust & Safety. She also served as CEO of Depop Ltd., Etsy’s resale fashion subsidiary, where she focused on expanding the platform’s reach among Gen Z consumers and promoting sustainable resale practices.
Before joining Etsy, Goyal worked in mergers and acquisitions at Morgan Stanley and later in growth equity at General Atlantic.
Etsy’s leadership transition comes amid a period of declining gross merchandise sales (GMS) and a slowdown in active buyers and sellers. The company’s stock dropped nearly nine percent following the announcement, reflecting investor uncertainty about Etsy’s growth trajectory.
According to Reuters, the leadership change signals Etsy’s effort to bring in the “next generation” of leadership as it faces increasing competition and economic headwinds. Goyal’s appointment is seen as a strategic move to reinvigorate growth, given her strong track record in product development, marketplace expansion, and community engagement.
Under her leadership, Etsy is expected to sharpen its focus on innovation, sustainability, and global growth — areas that have been central to Goyal’s career.
Etsy, headquartered in Brooklyn, New York, operates one of the world’s largest online marketplaces connecting millions of independent sellers with customers worldwide.
Cover photo courtesy: Etsy
