Josh Luber, the co-founder of StockX, is leaving the company a little over a year after he stepped down as CEO.

The June 2019 announcement of Luber’s transition from CEO was concurrent with StockX’s $1 billion-plus valuation. He was replaced at the time as CEO by former eBay senior vice president of Americas Scott Cutler.

“StockX was founded more than four years ago by a group of visionaries with a commitment to disrupting e-commerce and addressing the changing needs of the consumer. Today, StockX announced that Josh Luber, the company’s co-founder, is leaving to pursue interests outside of the company,” StockX wrote in a statement. “Since stepping away from the role in June 2019 — when eBay and StubHub alum Scott Cutler took up the mantle as CEO — Josh has been focused on innovation within the business. It is through that process, that he found a renewed interest in returning to his entrepreneurial roots. Over the past year, Luber and Cutler, who was an early investor in and advisor to StockX, have worked together to ensure a seamless transition. While Josh will be missed, his vision for what StockX could be will remain an inspiration for the more than 800 team members working to drive the business forward every day.”

Photo courtesy StockX