Stitch Fix hires Paul Yee as Chief Financial Officer
Online personal styling service Stitch Fix on Monday announced the appointment of Paul Yee as Chief Financial Officer.
Yee joins the San Francisco-based company from People Against Dirty, the makers of Method and Ecover, where he served as Global CFO and led the Europe, North America and Asia Pacific teams, in addition to overseeing finance, accounting, treasury, IT, and legal. He possesses 20 years of brand building experience, which he gained at Gap, Old Navy and Peet’s Coffee among other companies.
At Stitch Fix, Yee will lead the company’s financial institutions, including financial planning, accounting, tax, treasury and real estate.
"Paul's deep financial experience with strong consumer brands will be invaluable as we continue to personalize the shopping experience for men and women," said Katrina Lake, founder and CEO of Stitch Fix. "His passion for art and science aligns with our brand philosophy, and his leadership will be a tremendous addition to Stitch Fix's executive team and our growth as a company."
Yee’s appointment precedes Stitch Fix’s inevitable IPO, which is expected to be the biggest US e-commerce IPO since Etsy. Stitch Fix reportedly hired Goldman Sachs Group Inc and JPMorgan Chase & Co to lead the IPO, though the company and the investment banks all declined to comment on the confidential information.
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