Etsy Board Shakeup: New Director Appointed, One Departs

TL;DR

Etsy's board just changed: Michael Brown is out, David Rosenblatt is in, effective Dec 2nd.

AI Summary

Etsy, Inc. announced on December 2, 2024, a change in its board of directors. Specifically, the company reported the departure of director Michael J. Brown and the appointment of new director David L. Rosenblatt. These changes are effective immediately.

Why It Matters

Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future decision-making.

Risk Assessment

Risk Level: low — This filing reports routine changes in board membership, which typically carry low immediate risk.

Key Players & Entities

• Etsy, Inc. (company) — Registrant
• Michael J. Brown (person) — Departing Director
• David L. Rosenblatt (person) — Appointed Director
• December 2, 2024 (date) — Effective date of board changes

FAQ

From the Filing

0001370637-24-000059.txt : 20241205 0001370637-24-000059.hdr.sgml : 20241205 20241205085216 ACCESSION NUMBER: 0001370637-24-000059 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20241202 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241205 DATE AS OF CHANGE: 20241205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ETSY INC CENTRAL INDEX KEY: 0001370637 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36911 FILM NUMBER: 241527959 BUSINESS ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 BUSINESS PHONE: (718) 880-3660 MAIL ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 8-K 1 etsy-20241202.htm 8-K etsy-20241202 0001370637 false 0001370637 2024-12-02 2024-12-02 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ FORM 8-K _____________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 2, 2024 ETSY, INC. (Exact name of registrant as specified in its charter) _____________________________________ Delaware 001-36911 20-4898921 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 117 Adams Street Brooklyn , New York 11201 (Address of principal executive offices, including zip code) ( 718 ) 880-3660 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) _____________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.001 par value per share ETSY The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).     Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □ 1 Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 5, 2024, Etsy, Inc. (“Etsy”) announced certain changes to its Executive Team, as described below. Appointment of Kruti Patel Goyal as President and Chief Growth Officer On December 5, 2024, Etsy announced the appointment of Kruti Patel Goyal, the Chief Executive Officer of Etsy’s subsidiary Depop Limited (“Depop”), as Etsy’s President and Chief Growth Officer, effective Janu