StockX Announces Leadership Change as Scott Cutler Steps Down

Portfolio - People | Nov 08, 2024 | Battery Ventures

StockX has announced a leadership transition with the stepping down of Scott Cutler as CEO, effective December 31, 2024. The Board of Directors has appointed co-founder Greg Schwartz as the new CEO, effective January 1, 2025. Cutler, who joined StockX in 2019 and helped guide the company through rapid growth and challenges, will return to an advisory role. Schwartz has been with StockX since its inception in 2016 and has played a crucial role in overseeing key business functions. As CEO, he aims to enhance StockX’s brand growth, diversify its categories, and expand into new markets. The transition marks a new chapter for StockX, a leading technology platform connecting buyers and sellers of high-demand consumer goods.

Sectors

Technology
E-commerce

Geography

United States – StockX is a Detroit-based company, and the article discusses leadership changes within this American technology leader.

Industry

Technology – StockX operates as a technology platform facilitating transactions between buyers and sellers in the online consumer goods market.
E-commerce – StockX is deeply embedded in the e-commerce sector, dealing with the sale of sneakers, apparel, and more through an online marketplace.

Financials

Participants

Name	Role	Type	Description
StockX	Target company	Company	A Detroit-based technology leader in the online marketplace for high-demand consumer goods.
Scott Cutler	Outgoing CEO and advisor	Person	Previous CEO of StockX, returning to an advisory role after stepping down.
Greg Schwartz	Incoming CEO	Person	Co-founder and COO of StockX, appointed as the new CEO starting January 1, 2025.
Battery Ventures	Private Equity firm involved with StockX	Company	A private equity and venture capital firm that has invested in StockX.
Stacy Brown-Philpot	Board Member and Committee Chair	Person	Board member of StockX, chair of its Nominating, Governance & Impact committee.