Josh Silverman Joins Etsy's Board of Directors

- Brings deep consumer technology and e-commerce experience to Etsy's Board

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Nov 15, 2016, 04:06 ET

BROOKLYN, N.Y., Nov. 15, 2016 /PRNewswire/ -- Etsy, Inc. (Nasdaq: ETSY), which operates marketplaces where people around the world connect, both online and offline, to make, sell and buy unique goods, today announced that its Board of Directors has appointed Josh Silverman to the Etsy Board, effective immediately.

Josh has deep experience leading consumer technology companies and scaling global marketplaces. Over the course of his career as an executive, he has led product development and innovation, driven increased customer adoption at massive scale, implemented brand and marketing initiatives, and delivered strong financial results.

"Josh brings a powerful blend of technology, consumer product, and e-commerce experience to Etsy's board, making him a great addition." said Chad Dickerson, Etsy, Inc. CEO and Chair. "He has a proven track record of delivering rapid growth for some of the most loved consumer and technology brands in the world, and we are excited for him to provide valuable insights as we continue to execute and build for the long term."

"I've always admired Etsy's loyal community, the global nature of its markets, and its innovative approach to commerce. I look forward to sharing my experiences and contributing to the future direction and growth of the company," added Josh.

With Josh's appointment, Etsy's Board has expanded to seven members. Josh has also been appointed to the Compensation Committee, effectively immediately, and Fred Wilson has stepped down from the Compensation Committee. Fred Wilson, our lead independent director, continues to serve on the Audit Committee and as Chair of the Nominating and Corporate Governance Committee. Jonathan Klein has been appointed Chair of the Compensation Committee.

About Josh Silverman

Josh was most recently President of Consumer Products and Services at American Express, responsible for growing the company's US consumer card and global consumer travel businesses. Previously, he was CEO of Skype, where he drove the addition of more than 300 million users and was named first runner-up in TechCrunch's "CEO of the Year." He was also CEO of Shopping.com, an Ebay company, and held various executive roles at Ebay. Earlier in his career, Josh co-founded and served as CEO of Evite. He serves as Executive in Residence at venture capital firm Greylock Partners and was recently elected to the Board of Directors of Shake Shack.

For more information on Josh's election to the Board, please read the post on the Etsy News Blog.

About Etsy

Etsy operates marketplaces where millions of people around the world connect, both online and offline, to make, sell and buy unique goods. Etsy also offers a wide range of seller services and tools that help creative entrepreneurs start, grow and manage their businesses. The Etsy community includes creative entrepreneurs who sell on our platform, thoughtful consumers looking to buy unique goods in our marketplace, retailers and manufacturers who partner with Etsy sellers to help them grow their businesses and Etsy employees who maintain our platform and nurture our ecosystem. Our mission is to reimagine commerce in ways that build a more fulfilling and lasting world, and we're committed to using the power of business to strengthen communities and empower people.

Etsy was founded in 2005 and is headquartered in Brooklyn, New York.

SOURCE Etsy, Inc.