Depop CEO Maria Raga has announced her resignation with Etsy Chief Product Officer Kruti Patel Goyal stepping in to take over at Depop. Current Etsy VP Product Management Nick Daniel will be promoted to Chief Product Officer t0 replace Goyal.
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 Kruti Patel Goyal, currently Etsy's Chief Product Officer, has been named Chief Executive Officer of its subsidiary Depop, a global fashion resale marketplace, effective September 12, 2022.
Maria Raga, Depop's current CEO, has resigned to pursue personal ventures, but will remain with Depop in an advisory capacity until September 30, 2022 to facilitate a smooth transition. With Kruti's transition to her new role, Etsy has promoted Nick Daniel, Vice President of Product Management, to Chief Product Officer...
...Kruti possesses a deep expertise in marketplace dynamics, having held a range of leadership roles at Etsy over the past 11 years. In her current role as Chief Product Officer, Kruti has transformed Etsy's product development culture, scaled our teams, and significantly improved the shopping experience within the marketplace. She previously led Etsy's seller services, corporate development, international, and marketplace integrity teams.
Nick has been with Etsy for more than eight years and currently serves as Vice President of Product Management. Over the course of his tenure, Nick has led highly-technical, complex, and cross-functional initiatives that have unlocked significant value for Etsy's customers and stakeholders. He championed the expansion and optimization of Etsy Ads and oversaw efforts to create a more personalized shopping experience, improve the selling platform, and scale Etsy's marketing technology capabilities.