The Knot Worldwide Announces Leadership Transition: Raina Moskowitz to Join as CEO Following Founder and CEO Timothy Chi’s Move to Vice Chair
The Knot Worldwide announced a significant leadership transition as Founder and CEO Timothy Chi moves to Vice Chair, with Raina Moskowitz appointed as the new CEO effective January 21, 2025. Moskowitz, currently Chief Operating and Marketing Officer at Etsy, brings extensive marketplace experience, having overseen global teams and driven growth for a community of over 90 million buyers and 6 million entrepreneurs.
The company, serving more than 45 million people monthly and connecting approximately 4 million engaged couples with 950,000 small businesses across 16 countries, is poised for growth with record revenue expected in 2024. Chi, who founded WeddingWire in 2005 and led the 2019 merger creating The Knot Worldwide, will continue serving on the Board of Directors.
The Knot Worldwide ha annunciato un'importante transizione nella leadership: il fondatore e CEO Timothy Chi passerà al ruolo di Vice Presidente, mentre Raina Moskowitz è stata nominata nuova CEO con effetto dal 21 gennaio 2025. Moskowitz, attualmente Chief Operating e Marketing Officer di Etsy, porta con sé una vasta esperienza nel marketplace, avendo guidato team globali e sostenuto la crescita di una comunità di oltre 90 milioni di acquirenti e 6 milioni di imprenditori.
L'azienda, che serve più di 45 milioni di persone al mese e connette circa 4 milioni di coppie coinvolte con 950.000 piccole imprese in 16 paesi, è pronta per crescere, con un fatturato record previsto per il 2024. Chi, che ha fondato WeddingWire nel 2005 e ha guidato la fusione del 2019 creando The Knot Worldwide, continuerà a far parte del Consiglio di Amministrazione.
The Knot Worldwide anunció una importante transición en el liderazgo, ya que el fundador y CEO Timothy Chi pasará a ser Vicepresidente, con Raina Moskowitz designada como nueva CEO con efecto a partir del 21 de enero de 2025. Moskowitz, actualmente Directora de Operaciones y Marketing en Etsy, aporta una amplia experiencia en marketplaces, habiendo supervisado equipos globales y promovido el crecimiento de una comunidad de más de 90 millones de compradores y 6 millones de emprendedores.
La empresa, que atiende a más de 45 millones de personas al mes y conecta aproximadamente 4 millones de parejas comprometidas con 950,000 pequeñas empresas en 16 países, está lista para crecer con un ingreso récord previsto para 2024. Chi, quien fundó WeddingWire en 2005 y lideró la fusión de 2019 que creó The Knot Worldwide, continuará sirviendo en la Junta Directiva.
The Knot Worldwide는 창립자이자 CEO인 Timothy Chi가 부회장으로 이동하면서 중요한 리더십 전환을 발표했습니다. Raina Moskowitz가 2025년 1월 21일부터 새 CEO로 임명되었습니다. 현재 Etsy에서 COO 및 마케팅 책임자인 Moskowitz는 9천만 명 이상의 구매자와 600만 명의 기업가로 구성된 커뮤니티의 성장을 이끌며 글로벌 팀을 감독한 광범위한 시장 경험을 가지고 있습니다.
이 회사는 매달 4,500만 명 이상의 사람들이 이용하고 있으며, 약 400만 쌍의 약혼 커플과 95만 개의 소규모 비즈니스를 16개국에 연결하고 있어 2024년에 기록적인 매출이 예상되며 성장할 준비가 되어 있습니다. WeddingWire를 2005년에 창립하고 2019년 The Knot Worldwide를 설립한 합병을 이끈 Chi는 이사회에서 계속 활동할 것입니다.
The Knot Worldwide a annoncé une importante transition de leadership, le fondateur et PDG Timothy Chi passant au poste de Vice-Président, avec Raina Moskowitz nommée nouvelle PDG à compter du 21 janvier 2025. Actuellement Directrice des opérations et du marketing chez Etsy, Moskowitz apporte une vaste expérience du marché, ayant supervisé des équipes mondiales et favorisé la croissance d'une communauté de plus de 90 millions d'acheteurs et 6 millions d'entrepreneurs.
L'entreprise, qui dessert plus de 45 millions de personnes chaque mois et relie environ 4 millions de couples engagés à 950 000 petites entreprises dans 16 pays, est prête à croître, avec des revenus record prévus pour 2024. Chi, qui a fondé WeddingWire en 2005 et a dirigé la fusion de 2019 créant The Knot Worldwide, continuera à siéger au Conseil d'administration.
The Knot Worldwide gab einen bedeutenden Führungswechsel bekannt: Gründer und CEO Timothy Chi wechselt zum Vorsitzenden, während Raina Moskowitz ab dem 21. Januar 2025 zur neuen CEO ernannt wird. Moskowitz, die derzeit Chief Operating und Marketing Officer bei Etsy ist, bringt umfangreiche Marktplatz-Erfahrung mit, da sie globale Teams geleitet und das Wachstum einer Gemeinschaft von über 90 Millionen Käufern und 6 Millionen Unternehmern gefördert hat.
Das Unternehmen, das monatlich mehr als 45 Millionen Menschen bedient und etwa 4 Millionen engagierte Paare mit 950.000 kleinen Unternehmen in 16 Ländern verbindet, ist bereit für weiteres Wachstum, mit einem Rekordumsatz, der für 2024 erwartet wird. Chi, der 2005 WeddingWire gründete und die Fusion von 2019 leitete, die The Knot Worldwide ins Leben rief, wird weiterhin im Vorstand tätig sein.
- Company expects to achieve record revenue in 2024
- Strong market presence with 45M+ monthly users globally
- Extensive business network of 950,000 small businesses across 16 countries
- New CEO brings significant marketplace experience from Etsy leadership
- Potential business continuity risks during leadership transition
- Loss of founding CEO's direct operational involvement
After leading the company for nearly two decades, Founder and CEO Timothy Chi will transition to a Board role.
Raina Moskowitz, Chief Operating and Marketing Officer of Etsy, will join The Knot Worldwide as Chief Executive Officer and a member of the Board of Directors.
During her seven-year tenure at Etsy, Moskowitz shaped the company strategy, scaled numerous functions, launched innovative consumer products, advocated for small businesses and championed talent development during a period of significant growth. As COO and CMO, she leads a global team, overseeing Etsy’s Marketing, International, Strategy and Operations, Customer Support, Trust & Safety, and Impact teams. She has driven growth by expanding brand consideration, deepening customer trust and loyalty, and improving the customer experience for Etsy’s community of over 90 million buyers and 6 million creative entrepreneurs globally.
The Knot Worldwide serves an average of more than 45 million people per month globally, with more than 2000 employees. Each year, through its global brands, The Knot Worldwide connects approximately 4 million engaged couples with nearly 950,000 small businesses in 16 countries.
Chi founded WeddingWire in 2005, after planning his own wedding, with a mission to make the wedding planning process less stressful. As CEO, Chi led the global expansion of WeddingWire, comprising leading wedding brands in
“For the past 20 years, I’ve had the privilege of leading this incredible company, driving innovation in the wedding industry and championing the spirit of celebration,” said Chi. “Stepping down as CEO has been a deeply personal and difficult decision, but it’s the right moment for me to focus on my family while continuing to serve the company as a member of the Board. I am immensely grateful to the talented team, loyal customers and dedicated partners who have made The Knot Worldwide what it is today. This is an exciting time for the company, as we are on track to achieve record revenue in 2024 and embark on a transformative new chapter. The Board and I are confident that Raina’s tenacity, vision and deep experience in building scaled marketplaces will successfully guide The Knot through this next chapter of growth. I have full confidence that she is the right leader to drive the company forward, continuing to serve the millions of engaged couples and the hundreds of thousands of wedding professionals who partner with us globally.”
“I’m thrilled to be joining a leading marketplace that powers celebrations worldwide and plays a key role in life’s most meaningful moments,” said Moskowitz. “In a world of increasing automation and isolation, bringing people together to celebrate milestones is more important than ever. I can’t wait to seize the opportunity to connect consumers across the globe with local businesses and bring celebration planning from inspiration to action with a joyful product experience. I have tremendous admiration for all that Tim has built, and I’m looking forward to working with the exceptional team at The Knot Worldwide to expand our community, empower small businesses and drive long-term sustainable growth.”
Prior to Etsy, Moskowitz spent 13 years as a leader at American Express in a number of strategy, product and marketing roles, including leading the
About The Knot Worldwide
In more than 16 countries around the world, The Knot Worldwide’s global family of brands enables our communities to celebrate the moments that make us. At the core of the TKWW business is a leading global online wedding marketplace, connecting couples with local wedding professionals and a comprehensive suite of personalized wedding websites, planning tools, invitations and registry services that make wedding planning easier for couples. The company's wedding planning services are offered through its global wedding brands, including The Knot, WeddingWire, Bodas.net, Hitched.co.uk and Matrimonio.com. TKWW also supports parents through the pregnancy and parenting journey with content and tools on The Bump, and helps communities plan other important life celebrations through The Bash. Check out The Knot Worldwide on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241205805514/en/
Anni Jones
Director of Corporate Communications at The Knot Worldwide
ajones@theknotww.com
Source: The Knot Worldwide
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