Disclaimer

This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include statements relating to our financial guidance and key drivers thereof, the timing and impact of our new and planned initiatives, including our free shipping program, anticipated launch of our unified ad platform, and our planned acquisition of Reverb, the anticipated impact of our product launches on conversion rates and our future financial results, and the timing of our full migration to Google Cloud. Forward-looking statements include all statements that are not historical facts. In some cases, forward-looking statements can be identified by terms such as “anticipates,” “believes,” “could,” “estimates,” “expects,” “may,” “plans,” “will,” “intends,” or similar expressions and the negatives of those words.

Forward-looking statements involve substantial risks and uncertainties that may cause actual results to differ materially from those that we expect. These risks and uncertainties include: (1) the fluctuation of our quarterly operating results; (2) our ability to implement our business strategy; (3) our ability to attract and retain an active and engaged community of Etsy sellers and Etsy buyers; (4) our history of operating losses;(5) macroeconomic events that are outside of our control; (6) our ability to recruit and retain employees; (7) the importance to our success of the trustworthiness of our marketplace and the connections within our community; (8) our ability to enhance our current offerings and develop new offerings to respond to the changing needs of Etsy sellers and Etsy buyers; (9) the effectiveness of our marketing efforts; (10) the effectiveness of our mobile solutions for Etsy sellers and Etsy buyers; (11) our ability to expand our business in our core geographic markets; (12) regulation in the area of privacy and protection of user data; (13) our dependence on third-party payment providers; (14) acquisitions which may prove unsuccessful or divert management attention, including our potential acquisition of Reverb; and (15) the potential misuse or disclosure of sensitive information about members of our community and the potential for cyber-attacks. These risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission, including in the section entitled “Risk Factors” in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2019, and subsequent reports that we file with the Securities and Exchange Commission. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, we cannot guarantee future results, levels of activity, performance, achievements or events and circumstances reflected in the forward-looking statements will occur. Forward-looking statements represent our beliefs and assumptions only as of the date of this presentation. We disclaim any obligation to update forward-looking statements.

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Etsy appoints Mike Fisher as Chief Technology Officer

July 31, 2017
Etsy appoints Mike Fisher as Chief Technology Officer- Brings two decades of engineering and leadership experience- Has track record of transforming and scaling global technology platforms

BROOKLYN, N.Y., July 31, 2017 /PRNewswire/ -- Etsy, Inc. (NASDAQ: ETSY), which builds markets, services, and economic opportunity for creative entrepreneurs, today announced it has appointed Mike Fisher as Chief Technology Officer, effective immediately. Mike brings over 20 years of experience to Etsy. He will report directly to Josh Silverman, Etsy's Chief Executive Officer, and join Etsy's executive team.

As CTO, Mike will be responsible for evolving our technology strategy, scaling our IT systems and infrastructure, deepening our machine learning expertise, and driving execution on our roadmap to help create the world's best buying and selling experience.

Josh said, "During our extensive search for a CTO, Mike emerged as the natural choice given his track record of scaling complex global platforms, his proven ability to guide transformation at leading tech companies, and his deep understanding of consumer commerce. Over the past few weeks, Mike has served as a consultant to Etsy; he has proven himself as a strong partner to the executive team and helped drive execution and focus across our tech organization. I'm delighted to officially welcome Mike on board and look forward to his contributions to Etsy's core marketplace."

"Etsy has a reputation as a world-class and innovative engineering organization. In addition to tackling some of the most compelling challenges within e-commerce, Etsy is helping pave the way for creative entrepreneurs to have successful, global businesses. I'm excited to join this immensely talented and growing team," said Mike.

Mike's distinguished and diverse experience spans from Fortune 500 companies to startups. Most recently, he was the co-founder and managing partner of the consulting firm AKF Partners. During this time, he advised Etsy on several key projects. His career in technology has also included the roles of Chief Technology Officer of Quigo, Vice President of Engineering & Architecture for PayPal, and various roles at General Electric helping to develop the company's technology strategy. He has also co-authored two books on scalability and has written numerous articles on business growth. Mike is a veteran, who served as a Captain and pilot in the US Army.

About Etsy

Etsy is a global creative commerce platform. We build markets, services and economic opportunity for creative entrepreneurs. Within our markets, millions of people around the world connect, both online and offline, to make, sell and buy unique goods. We also offer a wide range of Seller Services and tools that help creative entrepreneurs start, manage and scale their businesses.

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

View original content:http://www.prnewswire.com/news-releases/etsy-appoints-mike-fisher-as-chief-technology-officer-300496386.html

SOURCE Etsy, Inc.

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