Marc Stolzman must like the letter “Z.”
Last week, Stolzman notified Zumiez that he planned to resign as CFO of the retailer, effective September 14th. The SEC filing announcing the departure didn’t say where he was going, but now we’ve learned that he’s landed the CFO gig at fast-growing daily deal site Zulily.
The arrival of Stolzman at Zulily is a homecoming of sorts, since he previously served as chief financial officer at Blue Nile. (Zulily’s leadership team includes Mark Vadon and Darrell Cavens, both former executives at the online jewelry retailer).
Stolzman also previously worked at Imperium Renewables and Starbucks. He spent 13 years at Starbucks, including three years as CFO of Starbucks Coffee Japan.
Zulily, which offers daily deals for kid’s apparel, toys and accesories, certainly is on a crazy trajectory. It raised a $43 million venture round last summer, and is growing so fast that it has already outgrown three headquarters locations in Seattle (and we’ve heard is already scouting for more office space).
Of course, anytime that a company of Zulily’s size and scope hires a CFO, you’ve got to ask yourself whether it could be prepping for an IPO. That could be in the cards eventually, but given Groupon’s tough times on Wall Street (down 80 percent so far this year), they may want to hold off on that front.
Stolzman fills a vacancy at Zulily left by Michael Vernon, the former aQuantive and Big Fish CFO, who departed the company after less than a year in March.
Previously on GeekWire: Meet the college dropout (and speed freak) running tech for Seattle’s hottest startup
