August 29, 2025
REDWOOD CITY, CA – Poshmark, a fashion resale marketplace, announced that Manish Chandra will transition from CEO (after 15 years in that role) into a strategic role on the company’s Board of Directors. Namsun Kim, who currently serves as Poshmark’s executive chairman, will be appointed CEO, effective Oct. 1, 2025.
Inspired by the burgeoning power of mobile technology, Chandra co-founded Poshmark in 2011 from his garage. During his time, Chandra led the company through significant growth, including building a diverse global employee base and culture, forming a community of over 150 million entrepreneurs, and taking the company public on the NASDAQ stock exchange.
“It has been the honor and privilege of a lifetime leading Team Posh, our incredible community of shoppers and sellers, and the resale revolution,” said Chandra. “I’m immensely proud of what we’ve accomplished together — the innovations we’ve introduced, the relationships we’ve built, and the impact we’ve made. Since our partnership began almost four years ago, Namsun has had unwavering confidence in Poshmark’s ability to achieve our ambitious goals and deliver enduring value to all stakeholders, and I have full confidence in his ability to lead Poshmark in this next chapter.”
Kim comes from Naver Corp., Korea’s largest internet company, where he currently serves as the company’s president of Investments, overseeing Naver’s global strategic and venture capital investment initiatives. In April 2025, Kim became Poshmark’s executive chairman to continue playing a pivotal role in the company’s growth trajectory, following Naver’s acquisition of Poshmark in January 2023.
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