The RealReal Names Robert Julian Chief Financial Officer
September 21 2021 - 9:00AM
The RealReal (Nasdaq: REAL)—the world’s largest online marketplace
for authenticated, resale luxury goods—today announced Robert
Julian is joining the company as Chief Financial Officer (CFO) on
Oct. 1. Julian has extensive experience helming finance
organizations at public companies, having previously served as CFO
of Sportsman’s Warehouse, Callaway Golf and Lydall. He also held
CFO roles at Deluxe Entertainment Services Group and Legrand North
America.
“Robert brings both deep public market and
operational experience to our management team, a combination that
will be incredibly valuable for The RealReal as we progress toward
profitability,” said Julie Wainwright, founder and CEO of The
RealReal. “I look forward to having him as a close partner and know
our entire team will benefit from his expertise as he steps into
this role as one of the company’s key leaders.”
Julian has a track record of driving profitable
growth at large companies, most recently leading corporate
development, mergers and acquisitions at Sportsman’s Warehouse to
help the company grow from $800 million to $1.5 billion in net
sales during his two-and-a-half-year tenure. He joins The RealReal
on the heels of its back-to-back quarters of record gross
merchandise volume (GMV), with Q2 GMV reaching $350 million. Former
The RealReal CFO Matt Gustke will stay on for the transition.
“Resale is the most exciting part of the retail
industry. It is driving growth and change, and no resale company
has done more to transform the way people buy and sell luxury than
The RealReal,” said Julian. “The RealReal’s tremendous potential
not just for growth, but for profitable growth, is what drew me to
the company and this role. I’m energized by the opportunity to work
with Julie and the rest of the leadership team to drive the
business forward and by the opportunity to do good for the planet
while we do well as a company and deliver increased value for our
stockholders.”
Julian brings a strong background in The
RealReal’s industries, from his omnichannel retail experience at
Sportsman’s Warehouse to his finance leadership roles at technology
companies including Cisco, Honeywell and Fisher Scientific.
He holds an MBA from University of Michigan and
a bachelor’s degree in finance from Michigan State University.
About The RealReal Inc.The
RealReal is the world’s largest online marketplace for
authenticated, resale luxury goods, with more than 23 million
members. With a rigorous authentication process overseen by
experts, The RealReal provides a safe and reliable platform for
consumers to buy and sell their luxury items. We have hundreds of
in-house gemologists, horologists and brand authenticators who
inspect thousands of items each day. As a sustainable company, we
give new life to pieces by thousands of brands across numerous
categories—including women's and men's fashion, fine jewelry and
watches, art and home—in support of the circular economy. We make
selling effortless with free virtual appointments, in-home pickup,
drop-off and direct shipping. We do all of the work for consignors,
including authenticating, using AI and machine learning to
determine optimal pricing, photographing and listing their items,
as well as handling shipping and customer service. At our 17 retail
locations, including our 14 shoppable stores, customers can sell,
meet with our experts and receive free valuations.
Investor Relations
Contact:IR@therealreal.com REALIR@clermontpartners.com
Press Contact:Erin SantyHead of
Communicationspr@therealreal.com
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