DETROIT, Michigan — John Kaelle has been named the first CFO for Detroit-based StockX, according to a Thursday news release.
“I’m thrilled to be joining the StockX team at such a pivotal time for the company,” Kaelle said in the release. “I am excited about the opportunity to play a role in the next chapter of the StockX story.”
Kaelle brings 25 years of professional finance experience and aslo helped social media firm Shutterfly Inc. launch an $80 million IPO in 2006.
The Dan Gilbert Co-owned StockX has a $1 billion valuation.
Kaelle enters a company with its own ambitions to go public.
StockX closed on a $110 million Series C investment round in the spring led by global investment firms DST Global, General Atlantic and GGV Capital.
