Unicorn Faire Promotes Internal Candidate to New CFO Role

Faire, a San Francisco-based wholesale marketplace, has recently shuffled its leadership. The startup, known for connecting independent retailers with global brands, has promoted Jason Lee to the role of CFO. Lee, who joined Faire around a year and a half ago as the VP of finance, has an impressive background, having led finance teams at Square and Block. His promotion was anticipated from the start, as Lauren Cooks Levitan, the outgoing CFO, had envisioned Lee in this role. Levitan will be transitioning to the president's position, focusing on global business development. The company, backed by big names like Sequoia Capital, has a valuation of over $12 billion. This move reflects Faire's strategy to grow its executive team from within, ensuring a smooth transition and continuity in leadership.