Poshmark's CEO Transition: A New Era Under Namsun Kim's Leadership

Poshmark Welcomes New Leadership: A New Chapter Begins

In an exciting development within the fashion resale marketplace, Poshmark, Inc. has announced that it is undergoing a significant leadership transition. Manish Chandra, the visionary founder and long-serving CEO, will step down from his role as CEO and will transition into a strategic position on the company’s Board of Directors. Effective October 1, 2025, Namsun Kim, who has been acting as Poshmark's Executive Chairman, will take up the mantle as the company’s new Chief Executive Officer.

Chandra co-founded Poshmark in 2011, harnessing the transformative power of mobile technology to build a platform that has become synonymous with community, social experiences, and fashion resale. Over the past 15 years, he has not only led the company to revolutionary heights but has also cultivated a diverse workforce and community of over 150 million users. The success story of Poshmark includes its venture into the public market under the ticker symbol POSH and its acquisition by Naver, which established Poshmark as a global leader in fashion resale.

Chandra expressed his pride and gratitude regarding his time as CEO, saying, “It has been the honor and privilege of a lifetime leading Team Posh and our incredible community of shoppers and sellers. I’m immensely proud of what we’ve accomplished together.” He emphasized his belief in Kim’s capability to lead the company further into its next phase of growth and innovation.

Namsun Kim brings a wealth of experience to his new role. Before joining Poshmark, he served as the President of Investments at Naver Corp., South Korea's largest internet company, overseeing global strategic investments. His tenure at Naver also included a successful role as Chief Financial Officer. Since his appointment as Executive Chairman in April 2025, Kim has played an instrumental part in guiding Poshmark’s operational efficiency, especially after Naver’s acquisition of Poshmark in January 2023.

Kim responded to his new appointment with enthusiasm, stating, “I’m incredibly honored and excited to step into the CEO role at Poshmark. I want to express my sincere gratitude to Manish for his outstanding leadership and the strong foundation he’s built since day one.” His vision for the company involves not just preserving the innovative spirit fostered under Chandra but also seeking new opportunities for growth.

Poshmark has seen tremendous success since its inception, focusing on creating an engaging and socially interactive marketplace. The platform thrives on the connection it facilitates between buyers and sellers, aiming to offer a seamless selling experience that turns personal closets into prosperous online businesses. Since 2011, Poshmark has generated over $10 billion in gross merchandise volume, empowering sellers to earn significant returns while catering to cost-conscious buyers looking for unique fashion finds.

As we look ahead, Poshmark’s leadership transition echoes broader trends in digital commerce and community-driven marketplaces. Maintaining user engagement and adapting to the shifting landscape of online retail will be key challenges for Kim as he steps into his new role. With his strategic insights and background, coupled with the foundational leadership laid by Chandra, the future looks promising for Poshmark.

For more information on Poshmark and its latest innovations, please visit www.poshmark.com. The company’s journey underscores the vibrant intersection of fashion, technology, and community—a narrative that continues to evolve at Poshmark.

In conclusion, while Chandra’s exit marks the end of an era, it also heralds a new beginning under Kim’s leadership, as Poshmark aims to push the boundaries of what’s possible in the fashion resale industry.