Rafe Colburn will become Etsy's chief technology officer on May 5, while Depop's chief marketing officer will become the resale platform's interim CEO.

The appointment marks a return for Colburn ... I am thrilled to officially welcome Rafe to Etsy's executive leadership team as we work to reignite growth and solidify Etsy as the starting point ...

The company has also named Peter Semple, who currently serves as the chief marketing officer of Depop, as its interim CEO as the company continues to search for a permanent chief executive.