Leadership Change at Poshmark Marks New Era of Innovation

Poshmark Announces New Chief Executive Officer

Poshmark, a prominent fashion resale marketplace known for its engaged community and real-time social experiences, is set to undergo a significant leadership transition. After 15 impactful years at the helm, Manish Chandra, the visionary founder, will step down as Chief Executive Officer, transitioning to a pivotal role on the company’s Board of Directors. Namsun Kim, who currently holds the position of Executive Chairman, will be appointed as the new CEO.

A Legacy of Innovation and Growth

Chandra co-founded Poshmark in 2011, inspired by the transformative potential of mobile technology. His leadership over the last decade has been instrumental in shaping a dynamic and accessible marketplace that resonates with millions. Under Chandra's guidance, Poshmark saw remarkable growth, fostering a diverse global workforce and cultivating a vibrant community of over 150 million buyers and sellers. His tenure included taking the company public on the NASDAQ under the ticker symbol POSH and leading its acquisition by Naver, solidifying Poshmark’s position as a leader in fashion resale.

Reflecting on his journey, Chandra expressed gratitude, stating, "It has been the honor of a lifetime leading Team Posh and the resale revolution. I am proud of the innovations we’ve achieved and the relationships built. I have full confidence in Namsun’s ability to drive Poshmark forward in this new chapter."

A New Era Under Namsun Kim

Namsun Kim brings a wealth of experience to the CEO role, having previously served as the President of Investments at Naver Corp., Korea’s leading internet company. His expertise in global strategic initiatives and venture capital, alongside his prior role as Chief Financial Officer, has uniquely positioned him to lead Poshmark during this transformative phase. Since becoming Executive Chairman in April 2025, Kim has been integral in guiding Poshmark’s growth following the acquisition by Naver in January 2023. His appointment as CEO recognizes his contributions and prepares the company for further success.

Kim shared his enthusiasm for the new role, stating, "I am incredibly honored and excited to step into this position. I am grateful to Manish for his remarkable leadership and commitment to building an outstanding foundation at Poshmark. I look forward to continuing his legacy of innovation and delivering exceptional value to our community."

About Poshmark, Inc.

Established as a leading fashion resale marketplace, Poshmark thrives on a lively and engaged community of buyers and sellers. The platform is designed to make online selling fun, social, and straightforward, enabling sellers to turn their closets into successful businesses while showcasing their unique styles. Since its inception in 2011, Poshmark has expanded its user base to over 150 million and has generated over $10 billion in gross merchandise volume (GMV). This evolution not only benefits sellers, who enjoy significant earnings, but also delights buyers seeking exclusive deals and unique items, contributing to a more sustainable future for fashion.

Frequently Asked Questions

Who is the newly appointed CEO of Poshmark?

Namsun Kim is the new CEO of Poshmark, taking over from founder Manish Chandra.

What was Manish Chandra's role before transitioning?

Manish Chandra transitioned from CEO to a strategic role on Poshmark's Board of Directors.

How long did Manish Chandra serve as CEO?

He served as CEO for 15 years, playing a key role in Poshmark's growth and success.

What impact has Poshmark had on the fashion industry?

Poshmark has transformed the retail landscape through its unique marketplace, empowering millions to buy and sell fashion.

What are Poshmark's goals moving forward?

Poshmark aims to continue innovating, enhancing user experience, and expanding its community under the leadership of Namsun Kim.

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