. The company serves as the official online store for hundreds of sports teams and leagues globally, including dozens within the NFL, NBA, MLB and NHL. Fanatics says it plans to do more tie-ups with major retailers in the future, which is part of its broader growth strategy.
"[Chandlee] is well-versed in the sports apparel industry and understands the tremendous power of product, brand and technology – giving him the ideal skill set and experience to lead our finance organization as we continue to rapidly scale our vertical, on-demand model globally," Fanatics CEO Doug Mack said in a statement.
Chandlee had been with Nike since 2001, holding various roles, including CFO of Nike's Golf division, vice president and CFO of Nike's North America business, vice president and CFO of Nike's global marketplace, and most recently as its corporate audit and chief risk officer. He starts at Fanatics on Monday.
When asked about a potential IPO, which some have speculated is on the horizon, a Fanatics spokesperson said: "We're focused on building a great company and growing the industry globally through innovation and continued investment in a vertical commerce model that best services the growing real-time expectations of fans."