Etsy, Inc. (NASDAQ: ETSY) shares made their way up the charts Thursday. The company, which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced the appointment of Rafe Colburn as Chief Technology Officer (CTO), effective May 5.
Colburn brings a wealth of technology leadership experience to the role. He currently serves as Chief Technology & Product Officer at Depop, where he has successfully scaled the technology team to support rapid growth and transformed the customer experience to one that is more app-based and discovery-centric.
Prior to Depop, Colburn spent nearly 10 years at Etsy, where he led engineering teams during periods of significant growth and transformation across a wide range of critical areas, including ads, marketing technology, seller experience, trust & safety, localization and translation, and customer support.
"The magic of Etsy lies in our ability to leverage technology to forge meaningful human connections," said CEO Josh Silverman.
"During his time at both Depop and Etsy, Rafe has proven he can set a technical strategy that enables us to scale our impact and connect more buyers with our global community of sellers. He has a clear vision for creating shopping experiences that are highly differentiated, personalized, and relevant."
ETSY hiked 48 cents, or 1%, to $47.17.
