After 15 years at the helm, Poshmark’s founder and CEO, Manish Chandra, has announced he is stepping down from his role, marking the end of an era for one of the most influential social commerce platforms in the world of reselling.
Since launching in 2011, Poshmark has grown from a niche fashion reselling app into a global marketplace connecting millions of buyers and sellers. Under Chandra’s leadership, the platform became known for its community-driven approach, live selling features, and seller-friendly tools.
In a statement to the Poshmark community, Chandra expressed gratitude and optimism for the company’s future:
Even though Manish is stepping down from his role as the CEO, he is still very much involved in the Poshmark operations.
“I’ll continue to serve as a board member and investor, and I will forever be Poshmark’s biggest, most enthusiastic cheerleader.”
Meet the New Poshmark CEO: Namsun Kim
Namsun Kim brings a compelling mix of investment savvy and global strategy to the role. Previously Poshmark’s Executive Chairman, he led strategic guidance throughout the integration with parent company Naver. Before that, Kim served as Naver’s Chief Financial Officer (2022–2025) and then as President of Investments, overseeing M&A, global investment strategy, and key growth initiatives, including Poshmark’s acquisition.
- Financial & Strategic Expertise: As Naver’s CFO, Kim managed critical corporate financial operations, and as investments lead, he drove expansion efforts across the globe, including taking Poshmark public.
- Board-Level Leadership: Since April 2025, he’s also served as Executive Chairman of Poshmark’s board, guiding the company’s direction during a pivotal period.
- Impressive Professional Background: Kim began his career as a corporate attorney before moving into high-stakes investment banking roles at Morgan Stanley, Lazard, and private equity at Macquarie Group.
Starting October 1st, 2025, Namsun Kim will take over the steering wheel and lead Poshmark operations as the new CEO.
“I’m incredibly honored and excited to step into the CEO role at Poshmark,” said Kim. “I want to express my sincere gratitude to Manish for his outstanding leadership and the strong foundation he’s built since day one. I’m committed to building upon his legacy to continue innovating, delivering exceptional value to the Poshmark community, and achieving new heights.”
What This Leadership Change Means for Poshmark Sellers
Kim brings a fresh perspective and leadership approach to Poshmark’s future. His appointment signals a new chapter for the platform, one that could usher in innovative changes while still honoring the community-driven values that have made Poshmark a favorite among resellers and fashion lovers alike.
1. Vision That Matches Scale and Ambition
Namsun Kim’s experience in global investment and corporate strategy positions Poshmark to grow into new markets, introduce sophisticated seller tools, and remain resilient in a fast-evolving resale landscape.
2. Reassurance of Stability & Strategic Continuation
Chandra’s shift maintains continuity but also gives Kim the authority needed to accelerate innovation, because he’s already deeply involved in Poshmark’s growth and strategy.
3. Community-Driven Future, Backed by Strategy
What hasn’t changed: the vibrant Poshmark community. Whether you’re flipping sneakers or launching a side-hustle, the company’s ethos remains seller-first. But now that vision is aligned with sharper strategic execution.
Final Thought for Poshmark Sellers
This is a pivotal moment for Poshmark—and for its partners: the resellers. With Namsun Kim taking the helm, expect sharp focus on growth, technology upgrades, and new tools that help you work smarter (and sell smarter). As always, the community leads the way—only now, it’s powered by more strategic fuel.
