Etsy is celebrating International Women's Day by supporting the female entrepreneurs who use its platform every day. 87% of the sellers on Etsy are women. Kruti Patel Goyal is the General Manager of Seller Services at the company. She joins Cheddar to explain how and why Etsy is committed to promoting women and female entrepreneurs. The e-commerce site is committed to helping women build their ideal businesses on the platform. In fact, 1/3 of the female sellers on Etsy treat their business as their full-time job. Internally, Etsy is also committed to promoting female leadership. 5 out of the 8 directors are women, making it one of the few public tech companies with gender parity on the board.

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Nestlé dismisses CEO after he has relationship with a subordinate
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
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