Etsy Names Kruti Patel Goyal as New CEO

Etsy Names Kruti Patel Goyal as New CEO

Etsy Names Former Head of Depop, Kruti Patel Goyal, as Its New CEO Etsy has officially appointed Kruti Patel Goyal —the former CEO of Depop —as its new Chief Executive Officer. The announcement follows the planned exit of long-time CEO Josh Silverman , who will step into the role of executive chairman. Many are asking: Who is Kruti Patel Goyal, and what does her leadership mean for Etsy’s future? Image Credits:Richard Levine/Corbis / Getty Images Goyal, a decade-long veteran at Etsy, brings deep marketplace expertise and a proven track record from Depop, which Etsy acquired four years ago. Her appointment signals a shift toward reinvigorating Etsy’s growth strategy after recent challenges in buyer activity and sales performance. Why Did Etsy Choose Kruti Patel Goyal as Its New CEO? Etsy’s leadership transition comes at a pivotal moment. Under Silverman’s eight-year tenure, the platform grew rapidly, but recent quarters saw a 5% drop in active buyers and a 10.9% decline in sellers . Goyal’s suc…