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Poshmark CEO and founder to step down
Manish Chandra, founder and CEO of Poshmark, is stepping down after nearly 15 years, with Namsun Kim appointed as his successor. Poshmark, established in 2011, saw significant growth and was acquired by Naver in 2022. Chandra will remain on the board, reflecting on his honored tenure and the community that supported the platform.
Key points
- Manish Chandra steps down as CEO of Poshmark, founded in 2011.
- Namsun Kim, previously executive chairman, appointed as new CEO.
- Chandra will transition to a role on the board of directors.
- Under Chandra's leadership, Poshmark went public and was acquired by Naver in 2022.
- The platform has grown to 150 million users.
Why it matters
- The shift in leadership mirrors trends in tech companies seeking fresh perspectives.
- Chandra's journey reflects the entrepreneurial success story common in Silicon Valley.
- In 2025, trends indicate a rise in startup acquisitions by larger tech firms, similar to Poshmark's acquisition by Naver.
Chandra's departure marks a significant transition for Poshmark as it continues to evolve under new leadership while maintaining its growth trajectory.