Etsy

Etsy CEO Josh Silverman will become executive chairman at year-end, with President Kruti Patel Goyal succeeding him on January 1, 2026. The leadership change coincides with Etsy’s Q3 earnings, which saw revenue exceed estimates but a decline in gross merchandise sales, triggering a 12% stock drop. Active buyers decreased, while Depop’s GMS surged. Silverman, who led Etsy through significant growth, faces challenges from increased competition. The company is integrating AI, including a partnership with OpenAI, to boost customer engagement.