Etsy-Owned Music Marketplace Reverb Loses CFO Kevin Drost
Reverb Chief Financial Officer & Head of Strategy Kevin Drost has announced he is leaving the company at the end of the year in LinkedIn post.
After an incredible nearly 8 years, I will be stepping down from my role as CFO of Reverb at the end of this year. I am so fortunate to have had the opportunity to work for, build and grow such a unique and inspiring company. I’ll be forever grateful to Reverb, Etsy, David Kalt, David Mandelbrot and all the smart, passionate, motivated and hilarious people I have had the privilege of working with over the years.
When I first joined Reverb, my goal was to help take a small, scrappy young company and establish it as a globally recognized brand. Helping build Reverb to nearly $1 billion in sales, hundreds of employees, and millions of users, has been the greatest professional experience of my life. Saying goodbye is never easy, but Reverb is a special company and I’m so excited to see what comes next as they continue to make the world more musical.
For me, I plan to take a little time off to catch my breath, then go back to an earlier stage company and do it all again.
Thank you Reverb for this amazing adventure and thank you to everyone I’ve had the honor of working with.
Kevin had been at Reverb since 2015, previously as Director of International Strategy and then Chief Strategy Officer, before taking on the CFO position in January 2022 after previous CFO Jessica Reid left the company.
It does not appear Reverb has found a replacement yet, as of a week ago they had the CFO position listed under open jobs on the company's LinkedIn page.
Reverb is a leading online marketplace for buying and selling new, used, and vintage musical instruments. Since launching in 2013, Reverb has grown into a vibrant community of buyers and sellers all over the world. By focusing on inspiring content, price transparency, musician-focused eCommerce tools, a music-savvy customer service team, and more, Reverb has built an online destination where the global music community can connect over the perfect piece of music gear. In 2019 Reverb was acquired by Etsy. With the added support of one of the largest online marketplaces, we are on a path to becoming the go-to site for musicians everywhere.
Our core belief is that music makes the world a better place. Through Reverb Gives, a portion of every sale provides students, teachers, and leaders of music programs across the world with instruments they need.
About The Role
As the Chief Financial Officer (CFO), you will lead all areas of Finance and Analytics at Reverb, including Accounting, Financial Planning and Analysis and Business Analytics. You will partner closely with the CEO to craft the financial and business strategy to ensure continued profitability and growth. You will report to Reverb’s CEO and function as a key member of the Reverb Executive Team (ET).
We are open to remote hires within multiple states as well as candidates local to Chicago, IL. For candidates who will work remotely, visit this link for a list of approved locations: https://reverb.com/page/reverb-operating-locations.
Remote Executive Team members are committed to traveling to the Chicago office 1x/month on an ongoing basis to collaborate with their peers and other members of the organization.