Etsy appointed Margaret (Peggy) M. Smyth as a Class I director and member of the Audit Committee, effective immediately. Peggy, who currently serves as the U.S. Chief Financial Officer of National Grid. Peggy has expertise in public-company finance, accounting, reporting, and strategic planning for global organizations. During the meeting, Class I director Jonathan Klein, who has served on Etsy's Board since 2011, was re-elected, and both he and Peggy will serve three-year terms. Etsy also announced that Jim Breyer, Founder and CEO of Breyer Capital, has stepped down from Etsy's Board, effective June 09, 2016.