StockX CEO Scott Cutler Steps Down

In a major shake-up for the sneaker resale industry, Scott Cutler will step down as CEO of at the end of 2024. A pivotal force behind StockX’s expansion, Cutler will pass the leadership baton to Greg Schwartz, the company’s co-founder, president, and chief operating officer. Schwartz is set to officially take on the role on January 1, 2025.

Cutler took the helm at StockX in June 2019. Under his guidance, the resale platform evolved from a niche marketplace into an e-commerce powerhouse. Among his many achievements, Cutler was instrumental in expanding the company’s reach across Asia, Europe, and North America, while also driving growth in categories beyond sneakers, such as electronics, apparel, and collectibles.

Reflecting on his departure, Cutler stated, ‘There is no more qualified individual to step into the office than Greg – from day one, he served as a partner to me in scaling the business, advancing its operations, and strengthening its brand position. As an early investor and advisor, stepping into the CEO role was a full-circle moment for me, and I couldn’t be prouder of all we accomplished over the last five years.’

Schwartz also issued a statement for the occasion. ‘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 honoured to assume than that of StockX’s CEO,’ said Schwartz. ‘From the moment we launched the business in Detroit in 2016, we knew we were building something special and to see how far we’ve come has been one of the achievements of which I’m most proud. I am grateful to have been able to attract a talent like Scott and to have had the benefit of his leadership. As we look to the next phase of the StockX journey, I intend to double down on our brand growth and product innovation to deliver best-in-class customer experiences that will help us to continue to scale globally.’

With Schwartz stepping up as CEO, expect StockX to bring their A-game to the sneaker resale market. For more on industry news, make sure to Barcelona FC’s huge new deal with Nike.