Poshmark appoints William Ingham as first chief people officer
Online fashion marketplace Poshmark, Inc. announced on Monday that it has named Visa and Banana Republic alum William Ingham as its first-ever chief people officer, effective immediately.
In his new role, Ingham will be responsible for leading the Redwood City, California-based company’s global human resources function. This includes talent acquisition and retention, rewards and recognition, performance management, organizational development, compensation and benefits, employee training, and culture.
The executive, who brings more than 25 years of HR experience to the new position, joins Poshmark from Visa Europe, where he served as chief HR officer, a role in which he defined the people and talent strategy for employees across 37 countries.
Before his time at Visa, Ingham, spent three years as head of international HR at Gap Inc.’s Banana Republic brand. In this position, he was responsible for overseeing talent programs in Europe and Japan, as well as in the brand’s franchised markets, in the Middle East, Central and South America, and Asia Pacific.
An active advocate for inclusion, equity and diversity efforts, Ingham was one of the authors of The Rise of HR and speaks regularly at business and talent conferences.
The executive, who was educated at Evangel University and Western University, has also served as HR venture advisor at SemperVirens, an early-stage venture capital fund, since March 2020.
“Our people are our most important asset, and with William at the helm, I am confident Poshmark will continue to be a place where our employees can be their true and authentic selves, while making an incredible business impact,” said Poshmark founder and CEO Manish Chandra in a release.
“We are at an important inflection point in our company's history, and I look forward to partnering closely with William to fuel Poshmark's high-performance culture, reinforce the values we stand for, and scale our teams to power our next phase of growth,” he added.
Like many e-commerce-focused platforms, Poshmark has experienced strong growth since the start of the Covid-19 crisis. The company became profitable during the pandemic, posting net income of $20.9 million in the first nine months of 2020, compared to a loss of $33.8 million in the prior-year period.
Off the back of this growth, the marketplace went public in January of this year, when the price of its shares shot up more than 140% on their first day of trading, valuing the company at over $7 billion.
The platform, which currently boasts more than 70 million registered users in the U.S. and Canada, is now planning to expand into new categories and regions.
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