Poshmark CEO Manish Chandra Steps Down After 15 Years of Leadership
After leading one of the most popular fashion resale platforms for nearly 15 years, Poshmark CEO Manish Chandra has announced he is stepping down from his role. The decision marks a significant leadership shift for the company, which has grown from a small Silicon Valley startup into a global marketplace with more than 150 million registered users. Namsun Kim, currently serving as executive chairman, will succeed Chandra as the new CEO. This transition is set to shape Poshmark’s future as it navigates a changing e-commerce landscape and rising competition in online resale.
Image Credits:Roy Rochlin / Stringer/ Getty Images
Chandra, who co-founded Poshmark in 2011 with three other entrepreneurs in a garage, has been instrumental in the company’s journey. Under his leadership, Poshmark went public, was later acquired by Naver in 2022, and expanded its reach to millions of sellers and buyers worldwide. While stepping away from day-to-day operations, Chandra will remain involved as a member of the board of directors, offering guidance and strategic insight as the brand enters a new chapter.
Manish Chandra’s Legacy as Poshmark CEO
When Manish Chandra launched Poshmark, the vision was simple yet powerful: to create a community-driven marketplace where people could buy and sell fashion in a socially engaging way. This idea tapped into a growing trend of sustainable shopping and resale, well before it became mainstream. Over the years, Chandra’s leadership emphasized community engagement, social commerce, and seller empowerment—elements that helped Poshmark stand out from traditional e-commerce platforms.
From its humble beginnings in a garage to becoming a publicly traded company, Poshmark’s growth has been nothing short of impressive. The platform not only transformed how consumers shop but also provided a source of income for countless individuals and small businesses. Chandra’s approach to building trust and fostering a supportive environment among users became a defining characteristic of the brand. His decision to stay on as a board member ensures that his vision and values will continue to influence Poshmark’s strategic direction.
In his farewell message to users, Chandra expressed gratitude for the community that helped shape Poshmark’s success. He described leading the company as “the greatest honor” of his professional life, acknowledging both the triumphs and challenges faced along the way. His heartfelt words reflect the deep connection he has with Poshmark’s sellers and buyers—a bond that remains a cornerstone of the company’s identity.
Namsun Kim Takes Over as Poshmark’s New CEO
The announcement also confirmed that Namsun Kim, who has served as executive chairman since April, will officially step into the CEO role. Kim’s background is rooted in corporate strategy and investment leadership, having served as president of investments at Naver. His experience aligns with Poshmark’s goals of expanding its global footprint and strengthening its market position in an increasingly competitive industry.
Kim has been working closely with Chandra since early 2025 to ensure a seamless transition. This collaboration suggests a well-coordinated leadership change designed to maintain stability and continuity. Kim’s appointment signals a potential shift in strategy, possibly focusing on international expansion, product innovation, and leveraging Naver’s technological resources to enhance the user experience.
As the new CEO, Kim inherits both opportunities and challenges. The fashion resale market is growing rapidly, but competition from emerging platforms and established retailers is fierce. Kim’s ability to adapt to consumer trends, embrace sustainability, and introduce fresh features will play a key role in Poshmark’s continued success.
What This Leadership Change Means for Poshmark’s Future
The departure of a founder-CEO is always a pivotal moment in a company’s history, and for Poshmark, this marks the end of an era. Manish Chandra’s vision and leadership have been foundational to the platform’s identity, and his influence will undoubtedly continue from his role on the board. For users, the leadership change may bring exciting innovations while staying true to the community values that made Poshmark popular in the first place.
Namsun Kim’s leadership is expected to focus on scaling Poshmark’s operations, improving technology, and exploring new markets. With his background at Naver, he brings a wealth of expertise in global business growth and digital transformation. This could mean enhanced tools for sellers, improved personalization for buyers, and potentially new categories or services to keep the platform ahead of its rivals.
In an industry where consumer loyalty is built on trust, engagement, and consistent value, maintaining Poshmark’s community-driven spirit will be essential. The transition from Chandra to Kim is a reminder that while leadership may change, the mission can remain strong—especially when guided by the shared commitment to empowering users and promoting sustainable fashion.
As Poshmark enters this new chapter, the world will be watching to see how the platform evolves. With Chandra’s legacy as a foundation and Kim’s strategic leadership, Poshmark is poised to continue its growth and innovation in the fast-moving resale market.
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