India, Nov. 21 -- Ershad Kunnakkadan became the CEO of San Francisco-based e-commerce company Gumroad at 33. An employee of the organisation since 2020, he rose through the ranks to take over the role after the company's founder, Sahil Lavingia, stepped down from the position.

Announcing the news of this change, Lavingia tweeted, "Exciting news: after 14 years, I'm stepping down as CEO of Gumroad. I've found the perfect leader to take over for me: Ershad Kunnakkadan. (While he just moved to NYC this year, he's been with Gumroad remotely for 8 of those 14 years)."

He continued, "He'll run Gumroad differently, and we'll restart our quarterly public board meetings in Jan 2026 (I remain the board) so everyone can learn alongside us as we ma...