Etsy, Inc. (NASDAQ:ETSY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

0

Etsy, Inc. (NASDAQ:ETSY) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Etsy, Inc. announced that Josh Silverman has been appointed to its Board of Directors as a Class II director, effective November 15, 2016. With his appointment, Etsy’s Board of Directors has increased to seven members. Mr. Silverman has also been appointed to serve on the Compensation Committee of the Board. As an independent non-employee director, he will be compensated for his services in the manner described under “Director Compensation” in Etsy’s Proxy Statement, dated April 22, 2016.
Mr. Silverman has served as Executive in Residence at Greylock Partners, a venture capital firm, since January 2016. Prior to that, Mr. Silverman served as President of Consumer Products and Services at American Express from June 2011 to December 2015. Before joining American Express, he was the CEO of Skype from February 2008 to September 2010. Mr. Silverman served as CEO of Shopping.com, an eBay company from July 2006 to March 2008 and, prior to that, in various executive roles at eBay. Mr. Silverman was also co-founder and CEO of Evite, Inc. He has served on the Board of Shake Shack since November 2016.