StockX CEO Will Be Stepping Down

StockX, a leader in sneaker resale, announced that CEO Scott Cutler will step down at the end of 2024. Co-founder and COO Greg Schwartz will take over as CEO on January 1, 2025, with Cutler staying on as an advisor.

During his tenure since 2019, Cutler expanded StockX globally and reinforced its reputation for transparency and authenticity. He also launched the Vault NFT project, allowing users to buy and sell digital tokens linked to physical products held by StockX, which led to an ongoing legal dispute with Nike.

As co-founder, Schwartz has been instrumental in StockX’s growth and brings experience in tech and digital innovation from his work at UpTo and Warner Music Group.

“As a co-founder of the company, I have had the opportunity to work with an incredible team across different functions and have worn a number of hats in addition to my role as COO but there is no role that I feel more honored to assume than that of StockX’s CEO,” said Schwartz.

With the resale market booming, Schwartz’s focus will likely be on enhancing digital offerings, expanding internationally, and solidifying StockX’s role in physical and digital marketplaces. Cutler praised Schwartz, expressing confidence that he will “take StockX to the next level.”