Etsy Appoints Colin Stretch as Chief Legal Officer and Corporate Secretary

Rhea-AI Summary

Etsy, Inc. (NASDAQ: ETSY) announced the appointment of Colin Stretch as Chief Legal Officer and Corporate Secretary, effective February 14, 2023. Stretch brings 25 years of experience, including his tenure as General Counsel at Facebook (2013-2019), where he oversaw legal and compliance functions. His leadership experience and commitment to economic empowerment align with Etsy's mission to enhance marketplace safety and advocate for microbusinesses globally. Stretch will report directly to CEO Josh Silverman and be part of Etsy's executive team based in Brooklyn.

Positive

• Appointment of Colin Stretch brings extensive legal expertise.
• Strengthened leadership aligns with Etsy's goal of economic empowerment.
• Experience at Facebook may enhance Etsy's legal compliance strategies.

Negative

• None.

BROOKLYN, N.Y., Feb. 2, 2023 /PRNewswire/ -- 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 Colin Stretch will join the company as Chief Legal Officer and Corporate Secretary, effective on February 14, 2023.

Colin comes to Etsy with 25 years of experience, including as former General Counsel of Facebook (now Meta) from 2013-2019, where he led the company's legal and compliance functions and corporate legal affairs.  After Facebook, Colin spent two years as Leader-in-Residence at Columbia University Law School's Reuben Mark Initiative for Organizational Character & Leadership and, most recently, he was Of Counsel at Latham & Watkins.

"We are thrilled to welcome Colin to Etsy. He has a deep commitment to our mission of economic empowerment, and is both a world-class lawyer and world-class leader," Etsy CEO Josh Silverman commented. "Colin's extensive experience will be critical to Etsy's efforts to ensure we remain a safe and trusted marketplace, broaden our reach across all our brands, and advocate for microbusinesses around the world."

Earlier in his career, Colin clerked for Justice Stephen G. Breyer on the United States Supreme Court and Judge Laurence H. Silberman on the United States Court of Appeals for the D.C. Circuit. He was also a member of the Honors Program in the Antitrust Division of the United States Department of Justice.

Colin commented, "Etsy has a strong reputation as not only a prospering business, but as a leader in the advocacy space. I'm honored and excited to be part of Etsy's mission to keep commerce human by enabling creative entrepreneurs around the world to turn their passions into thriving businesses."

Colin will be based out of Etsy's Brooklyn headquarters, report directly to Josh Silverman, and join Etsy's executive team.

About Etsy

Etsy, Inc. operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world. These marketplaces share a mission to "Keep Commerce Human," and we're committed to using the power of business and technology to strengthen communities and empower people. Our primary marketplace, Etsy.com, is the global destination for unique and creative goods. Buyers come to Etsy to be inspired and delighted by items that are crafted and curated by creative entrepreneurs. For sellers, we offer a range of tools and services that address key business needs.

Etsy, Inc.'s "House of Brands" portfolio also includes fashion resale marketplace Depop, musical instrument marketplace Reverb, and Brazil based handmade goods marketplace Elo7. Each Etsy, Inc. marketplace operates independently, while benefiting from shared expertise in product, marketing, technology, and customer support.

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

Etsy has used, and intends to continue using, its Investor Relations website and the Etsy News Blog (etsy.com/news) to disclose material nonpublic information and to comply with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website and the Etsy News Blog in addition to following our press releases, SEC filings, and public conference calls and webcasts.

Investor Relations Contact:
Deb Wasser, Vice President, Investor Relations & ESG Engagement
Jessica Schmidt, Sr. Director, Investor Relations
ir@etsy.com

Media Relations Contact:
Sarah Marx, Director, Corporate Communications
press@etsy.com

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SOURCE Etsy

FAQ

Who is the new Chief Legal Officer of Etsy?

Colin Stretch has been appointed as the new Chief Legal Officer and Corporate Secretary of Etsy, effective February 14, 2023.

What experience does Colin Stretch bring to Etsy?

Colin Stretch has 25 years of experience, including serving as General Counsel at Facebook from 2013 to 2019.

How might Colin Stretch's appointment impact Etsy?

His expertise is expected to enhance Etsy's legal compliance and strengthen its advocacy for microbusinesses.

When will Colin Stretch start at Etsy?

Colin Stretch will officially start his role on February 14, 2023.