Josh Cutler
BROOKLYN, New York, October 27, 2022 /PRNewswire/ — Rachana Kumar, Etsy’s Vice President of Engineering, has been named Chief Technology Officer, effective January 1, 2023. Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, announced today that Rachana Kumar, Etsy’s Vice President of Engineering, has been named Chief Technology Officer, effective January 1, 2023. Etsy’s current Chief Technology Officer, Mike Fisher, has opted to depart in order to spend more time with his family and explore other interests. Mike will continue in his present post until December 31, 2022, after which he will join Etsy as an adviser until April 20, 2023.
Chief Executive Officer of Etsy, Inc. Josh Silverman stated, “I am delighted to congratulate Rachana on this well-deserved promotion, which is a testament to her leadership, her exceptional track record of accomplishments, and the followership she has earned across Etsy; and reflects our deep bench of talent. Rachana has shown an exceptional ability to manage complicated projects, harness new technology to increase our pace and performance, and act as a coach and mentor to her colleagues. I’d also want to thank Mike, commonly known as ‘Fish’ internally, for guiding Etsy through a time of development and growth over the previous five years. He is an exceptional leader whose influence extends well beyond extending our technical infrastructure and establishing a world-class staff. He has fostered an environment of creativity and inclusivity, led with optimism, and acted as a trusted thinking partner to me and other Etsy executives.”
Rachana has worked with Etsy for over eight years and is now the Vice President of Engineering. During her employment, she has taken the lead on crucial projects such as developing Etsy’s product development principles, expanding mobile and app penetration, and driving buyer growth. Rachana recently extended her work to include the creation of Etsy’s regional office in Mexico City, where she grew the team to roughly 130 people in only 18 months.
Rachana Kumar said, “When I first joined the Etsy marketplace in 2014, there were less than 20 million active purchasers; now, there are over 88 million. To support that expansion, we had to increase our employees, scale our systems, and apply cutting-edge machine learning to enhance the user experience. I am looking forward to continuing on this adventure as we employ technology to generate economic empowerment possibilities for our sellers while also nurturing our diverse global community.”
Mike Fisher said, “I am pleased to have been a part of what the Etsy team has done in the last five years. I am convinced that Rachana and the Etsy team will not skip a beat in carrying out our ambitious plan and furthering our aim of making commerce human.”
Rachana will report to Etsy CEO Josh Silverman and will join Etsy’s executive team. She will be stationed in Etsy’s Brooklyn, NY headquarters.
Rachana Kumar’s Bio
Rachana Kumar’s scope and responsibilities have grown dramatically since joining Etsy in 2014. She is presently the Vice President of Engineering at Etsy, where she supervises teams responsible for developing product experiences for Etsy’s worldwide marketplace. She is also the Managing Director of Etsy Mexico, where she was in charge of establishing the company’s Mexico City headquarters and employing over 130 workers in the area.
Rachana’s expertise ranges from media and ecommerce in the United States to the sociopolitical sphere in India and international development in Cambodia. She is enthusiastic about leveraging technology for good, and she has previously worked with the United Nations, the Council on Foreign Relations, and her own non-profit organization.
Rachana has a Bachelor’s degree from Bengaluru’s RV College of Engineering and a Master of Public Administration from Columbia University. She was named one of the Top 50 Women in Tech by the National Diversity Council, and she has earned the Digital Diversity Network’s Innovation and Inclusion CodeBreakers Award, New York on Tech’s Innovators & Disruptors Award, and the Women in IT Awards’ Future CIO Award.
Etsy Information
Etsy, Inc. runs two-sided online marketplaces that bring together millions of enthusiastic and creative shoppers and sellers from all over the globe. These marketplaces are united in their purpose to “Keep Commerce Human,” and we are dedicated to harnessing the power of commerce to enhance communities and empower people. Etsy.com, our major marketplace, is a worldwide destination for unique and creative items. Buyers visit Etsy to be inspired and pleased by things made and curated by creative businesses. We provide a variety of tools and services to sellers that fulfill critical business requirements.
Etsy, Inc.’s “House of Brands” portfolio also includes Depop, a fashion resale marketplace, Reverb, a musical instrument marketplace, and Elo7, a handmade products marketplace located in Brazil. Each Etsy, Inc. marketplace works autonomously while benefitting from common product, marketing, technical, and customer support skills.
Etsy, located in Brooklyn, New York, was started in 2005.
Etsy has utilized, and will continue to use, its Investor Relations website and the Etsy News Blog (etsy.com/news) to disclose substantial non-public information and meet its disclosure responsibilities under Regulation FD. As a result, you should keep an eye on our investor relations website and the Etsy News Blog, as well as our press releases, SEC filings, and public conference calls and webcasts.
Contact for Investor Relations:
Deb Wasser, Vice President of Investor Relations and ESG Engagement at Etsy
Contact for Media Relations:
Senior Director of Corporate Communications and Strategic Partnerships, Kelly Clausen
ORIGINAL SOURCE Etsy, Inc.