Etsy taps new CTO amid turnaround

Dive Brief:

  • Etsy on Monday announced the appointment of Mike Fisher as Chief Technology Officer, effective immediately. He will be responsible for evolving the marketplace retailer’s 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,” according to a company press release.

  • Fisher, whose expertise includes both startups and larger corporations, was most recently the co-founder and managing partner of consulting firm AKF Partners, where he advised Etsy on several key projects, the company said. He also served as CTO at search engine company Quigo, vice president of engineering and Architecture for PayPal and various roles at General Electric, the company said.

  • The appointment comes in the midst of a turnaround, which in recent weeks has entailed the elimination of a significant slice of its global workforce. Last month the company announced 140 job cuts, or 15% of its global workforce, bringing the…