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 March 31, 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.

Press Release Details

View all news

Linda Findley Kozlowski to Step Down as Etsy's COO

September 13, 2018
Linda Findley Kozlowski to Step Down as Etsy's COO

BROOKLYN, N.Y., Sept. 13, 2018 /PRNewswire/ -- Etsy, Inc. (Nasdaq: ETSY), the global marketplace for unique and creative goods, today announced that its Chief Operating Officer, Linda Findley Kozlowski, has decided to leave the company to pursue other opportunities. Linda has agreed to remain in her position through the end of 2018.

Over the next four months, Linda will work with Etsy's leadership team to ensure a seamless transition and help the company continue to execute on its 2018 goals and key initiatives.

Etsy CEO Josh Silverman commented, "Linda's contributions will leave a lasting mark on Etsy and its community. She has been instrumental in enabling Etsy to expand our global base of buyers, improve the shopping experience, and launch new products that make it easier for sellers to succeed. We wish her all the best in her future endeavors. We have a strong bench of talent, and I plan to devote more time to working directly with our product teams so that we can execute on our roadmap and drive growth."

Linda added, "My conviction that Etsy serves a special place in the world is even stronger today than it was when I joined the company two and a half years ago. Our marketplace creates economic opportunity for two million sellers and allows buyers to discover unique items for the moments in life that deserve a human touch. I have no doubt that the team will continue to deliver on Etsy's mission of keeping commerce human."

Etsy does not currently intend to refill the COO role following Linda's departure.

About Etsy

Etsy, Inc. is the global marketplace for unique and creative goods. Our mission is to keep commerce human, and we're committed to using the power of business to strengthen communities and empower people. We connect millions of buyers and sellers from nearly every country in the world. 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 was founded in 2005 and is headquartered in Brooklyn, New York.

Forward-looking statements

This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include statements and quotes related to the COO transition and our progress against our strategy, key initiatives and mission.

Forward-looking statements include all statements that are not historical fact. Forward-looking statements involve substantial risks and uncertainties that may cause actual results to differ materially from expectations. These risks and uncertainties include our ability to execute against our strategy and key initiatives and make progress toward our mission, updates to our organizational structure, and other risks and uncertainties that 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, 2018, and subsequent reports that we file with the Securities and Exchange Commission.

Forward-looking statements represent our beliefs and assumptions only as of the date of this press release. We disclaim any obligation to update forward-looking statements, except as required by law.

Media Relations Contact:
Etsy, Kelly Clausen, Director, Corporate Communications 
press@etsy.com

Investor Relations Contact:
Etsy, Deb Wasser, Vice President, Investor Relations 
dwasser@etsy.com

or

Etsy, Gabriel Ratcliff, Senior Manager, Investor Relations 
gratcliff@etsy.com

Cision View original content:http://www.prnewswire.com/news-releases/linda-findley-kozlowski-to-step-down-as-etsys-coo-300712106.html

SOURCE Etsy

Categories: Press Releases
View all news